Tesla just launched its own insurance in Australia – but is it actually any cheaper?

AutoExec Summary
Tesla has introduced brand-specific insurance in Australia, but some customers are unhappy with the quotes received. The ‘InsureMyTesla’ program, in collaboration with Zurich Australia, offers comprehensive or third-party policies for Model 3 and Model Y owners. Pricing is competitive but not guaranteed to be lower than other insurers. Some customers found it cheaper, while others received quotes exceeding traditional insurance providers. Factors influencing pricing include high-tech features and lack of knowledge in the supply chain. Repair costs for Teslas are relatively low compared to luxury brands.

Brands mentioned: Tesla, NRMA, Allianz, Mercedes-Benz, BMW.