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Tesla Insurance Rates Set To Spike As Cars Become Vandalism Targets
Elon Musk's political controversies are sparking vandalism against Tesla vehicles. Now, insurance rates for Tesla cars could soon skyrocket.
It's a tale as old as Tesla and has been so prominent across the brand that it spawned popular YouTube channels like Wham Baam Teslacam which showcased folks keying the cars even before Elon Musk started down his political path. [Bankrate insurance analyst Shannon Martin] explained that when carried, vandalism is covered by the comprehensive portion of an auto policy. It's the most expensive premium car brand to insure according to CarEdge, falling just behind Rolls-Royce, Lamborghini, Bentley, McLaren, Maserati, and Aston Martin.
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