Some of the most driven Tesla models in Australia we insure include:
Popular Tesla models
Tesla Model Y
Tesla Model 3
Other Tesla models
Tesla has also produced the Model S and Model X for global markets, although availability in Australia may vary. Model availability can change, so it’s best to refer to the manufacturer for current information.
Allianz can provide cover for the Tesla Model Y and Model 3 under Comprehensive Car Insurance, Comprehensive Essentials or Third Party Property Damage policies, subject to eligibility and underwriting criteria being met.
For more information about electric vehicle cover, visit our EV insurance hub.
Factors that can affect the cost of insuring a Tesla
In Australia, car insurance premiums are based on risk. The same principles apply to electric vehicles, including Teslas. The cost of car insurance is determined by a range of factors, including:
Vehicle value, age, and type
- Higher‑value vehicles can sometimes cost more to insure due to replacement and repair considerations
- Newer vehicles are often insured for higher amounts compared to older models
Safety ratings and technology
- Independent safety ratings
- Driver-assisted technology
Theft and location risk
- Vehicle theft statistics and the area the car is usually kept in overnight
- Postcodes with higher claim rates can affect premiums
Repair costs and parts availability
- Electric vehicles may require specialised tools and trained repairers
- Parts availability and repair time
Driver‑related details
Premiums can also be influenced by:
- The driver’s age and driving experience
- Claims record
- How often and how far it’s driven
Keep in mind, premiums vary between insurers and by individual circumstances.
Tesla safety ratings
Safety ratings in Australia are independently assessed by the Australasian New Car Assessment Program (ANCAP).
Recent Tesla Model 3 and Model Y variants have received 5‑star ANCAP safety ratings, depending on model year and specification.
ANCAP testing looks at:
- Adult occupant protection
- Child occupant protection
- Vulnerable road user protection
- Safety assist features
Safety ratings can change as vehicles are updated. For the most current, verified results, visit ANCAP.
Facts about Tesla vehicles
Tesla is an American vehicle manufacturer founded in 2003. It focuses on fully electric vehicles (EVs) and energy technology.
Some general facts about Tesla vehicles sold in Australia include:
Vehicle types
Tesla currently offers electric sedans and SUVs in Australia, including the Model 3 sedan and Model Y SUV.
Electric technology
All Tesla passenger vehicles use battery‑electric systems rather than petrol or diesel engines.
Market presence
Tesla has officially operated in Australia for several years, with service dealer locations and a dedicated fast‑charging network.
EV cover benefits with Allianz Comprehensive Car Insurance
You’ve made the choice to drive cleaner. We’re here to back that choice with cover that cares for your Tesla. Our Comprehensive Car Insurance is designed with electric drivers in mind, and includes:
Fire, including battery fires
Cover for fire damage, including EV battery fires such as thermal runaway.1
Loss or damage to your EV battery
We’ll cover accidental loss or damage to your EV battery.
Charging accessories
Loss or damage to charging accessories owned by you including wall chargers, charging cables and wall mounts.
New EV replacement
Get a new EV if yours is written off within two years of manufacture.3
Agreed value cover
You’re covered for an amount that we agree to insure your car for, regardless of your car’s depreciation during the policy term.
Find the right Car Insurance for your Tesla
Here are the Car Insurance options we offer.
Popular with people who want to cover damage to their own car, including newer and second-hand cars.
Designed for people who want cover for essentials, like damage to your car, without the extras.
Popular with second-hand car owners who only want cover for damage caused to other people’s cars.
Want Roadside Assistance?
Allianz Roadside Assistance is available 24/7 across Australia. If your vehicle breaks down, we'll help get you moving again.4
Why choose Allianz Car Insurance?
Insuring Australians for 110+ years
Award-winning insurer
24/7 online claims
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Frequently asked questions
The same insurance principles apply. Allianz Comprehensive Car Insurance policies can provide cover for Teslas, subject to eligibility and underwriting criteria being met. We provide cover for battery fires and thermal runaway,1 accidental damage to charging accessories you own and more.
Allianz Comprehensive Car Insurance policies can provide cover for Teslas, subject to eligibility and underwriting criteria being met. You can get a quote for your Tesla, including popular models such as the Model 3 and Model Y. Your quote will show the cover and price based on your details.
Yes, both Allianz Comprehensive policies can cover damage to your Tesla, as well as damage to other cars and property. Please refer to the PDS for full details.
Yes, Allianz Comprehensive and Comprehensive Essentials Car Insurance policies can provide cover for your battery, including thermal runaway,1 as well as charging cables and wall chargers in your home.5
With Comprehensive Car Insurance, you can choose your own repairer.2 With Comprehensive Essentials Car Insurance, you get an Allianz allocated repairer. Third Party Property Damage Car Insurance doesn’t cover damage to your car.
Comprehensive Essentials gives you core Comprehensive cover at a lower cost. It may suit you if you want cover for your car without the extra features, such as choice of repairer2 and agreed value cover. Get a quote to compare prices and features.
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*Conditions apply
- Battery thermal runaway for EVs is covered under fire, provided there has been no deviation from manufacturer specification in relation to battery usage and charging.
- If you choose your own repairer, we may need a second quote from another repairer chosen by us just to make sure the quote you've received is reasonable. We may then authorise repairs, pay you reasonable repair costs or the car’s agreed value or replace your new car where policy conditions are met.
- We'll arrange a rental car of a similar size and type to your car after a covered collision where you are not at fault and have provided us with the at fault person's details. You'll get the rental car for as long as it takes to either fix your car, pay you the cost of repairs, or determine if your car is a total loss. If a rental car of a similar size and type (e.g. medium SUV) to your car is not available, we will pay you a travel allowance of $80 a day for as long as we would have given you a rental car. See the PDS for more details.
- Roadside Assistance is provided by AWP Australia Pty Ltd ABN 52 097 227 177. Service area limits, entitlement limits, exclusions and terms and conditions apply. For full details, read the terms and conditions.
- EV charging accessories, including charging cables, wall chargers, and mounts, must be owned by the insured.
Allianz acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands on which we live and work across Australia. We pay our respect to First Nations Elders past and present.
Any advice here does not take into account your individual objectives, financial situation or needs. Terms, conditions, limits, and exclusions apply. Before making a decision about this insurance, consider the relevant Product Disclosure Statement (PDS)/Policy Wording and Supplementary PDS (if applicable). Where applicable, the PDS/Policy Wording, Supplementary PDS and Target Market Determination (TMD) for this insurance are available on this website. We do not provide any form of advice if you call us to enquire about or purchase a product.
Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 is the insurer of any general insurance products offered, and Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFS Licence No. 296559 is the insurer of any life insurance products offered. Each entity is responsible for any statements and representations made about its products, on this website.
This article has been prepared by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL234708 ("Allianz"). In some cases, information has been provided to us by third parties and while that information is believed to be accurate and reliable, its accuracy is not guaranteed in any way.
Any opinions expressed constitute our views at the time of issue and are subject to change. Neither Allianz, nor its employees or directors give any warranty of accuracy or accept responsibility for any loss or liability incurred by you in respect of any error, omission or misrepresentation in this article.