Yes, you can get Tesla insurance in Australia, but Tesla's own in-house insurance product called InsureMyTesla is not yet available in Australia as of 2026, unlike in the US where Tesla offers its own insurance. In Australia, you insure a Tesla like any other car through standard Australian car insurers. All major insurers including NRMA, Allianz, QBE, Budget Direct, Youi, AAMI, GIO, Suncorp and RACV will insure Tesla Model 3, Model Y, Model S and Model X. However, Tesla insurance is typically 20-40% more expensive than a comparable petrol car because of high repair costs, limited approved repairer network, expensive parts and long wait times for batteries and panels. For example, a Tesla Model 3 Long Range can cost $1,800-$3,000 per year to comprehensively insure for a 35-year-old driver with rating 1, compared to $1,200-$1,600 for a Toyota Camry. To get the best price for a Tesla, you should look for insurers that specifically cover electric vehicles and battery damage, including cover for charging equipment and wall chargers. Some insurers like NRMA and Allianz now have specific EV benefits, such as cover for damage to charging cables and emergency charging costs if you run out of battery. Tesla owners often report that Youi, NRMA and GIO offer the most competitive Tesla quotes, while Budget Direct can be cheaper for older drivers. Always ensure your policy includes agreed value cover, because Tesla parts prices can fluctuate.
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