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TESLA MODEL Y 2023 Car Insurance

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The 2023 Tesla Model Y is a compact electric SUV known for its generous range, brisk performance, and advanced onboard technology. As a benchmark in the electric segment, it appeals to urban drivers seeking innovation and a quiet ride.

TESLA MODEL Y 2023 CAR INSURANCE RATES OVER THE LAST 5 YEARS.

Between 2022 and 2026, premiums for the 2023 Tesla Model Y fluctuate rather than follow a linear trend, moving from $2662 in 2022 to $2496 in 2023, then rising to $2704 in 2024 and $2716 in 2025, before easing slightly to $2588 in 2026. These variations reflect changing repair costs specific to electric vehicles.

To find the best insurance for your TESLA MODEL Y 2023 vehicle, it is more important than ever to compare the available options.

How much does insurance for your TESLA MODEL Y 2023 cost in Quebec?

The highest premiums are found in Sherbrooke ($3472), Saguenay ($3302), and Trois-Rivières ($3293), while Lévis ($1529) and Longueuil ($1967) show the lowest amounts. The gap between the most and least expensive city exceeds $1900, revealing marked geographic variation for this model.

To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.

City Average price over the last 12 months
BROSSARD $2415.39
DRUMMONDVILLE $3032.25
GATINEAU $2619.18
LAVAL $2778.46
LÉVIS $1569.99
LONGUEUIL $2146.92
MONTRÉAL $3115.32
QUÉBEC $2772.85
REPENTIGNY $3095.70
Saguenay $3301.56
SAINT-JEAN-SUR-RICHELIEU $2559.52
SHERBROOKE $3819.96
TERREBONNE $3006.82
TROIS-RIVIÈRES $3292.61

Frequently asked questions (FAQ)

How much does insurance cost for a 2023 Tesla Model Y?
The average premium for a 2023 Tesla Model Y varies by year, ranging from $2496 to $2716 between 2022 and 2025, with an estimated $2588 in 2026.
Do premiums for the Model Y 2023 increase every year?
No, the progression isn't linear. The premium moves from $2662 in 2022 to $2496 in 2023, rises to $2716 in 2025, then drops to $2588 in 2026, reflecting fluctuations rather than a steady increase.
Which cities offer the lowest insurance costs for the Model Y 2023?
Based on the data provided, Lévis ($1529) and Longueuil ($1967) show the lowest average premiums for this vehicle.
Why do premiums vary so much between cities for this vehicle?
Factors like local claim frequency, specialized labor costs for electric vehicles, and traffic density explain the gap between Sherbrooke ($3472) and Lévis ($1529).
Is auto insurance mandatory in Quebec?
Yes. In Quebec, minimum civil liability coverage of $50,000 is mandatory for any road vehicle driven on public roads.
Why does a Tesla Model Y cost more to insure than a comparable gas-powered vehicle?
High parts costs, onboard technology, and specialized labor for electric vehicle repairs contribute to premiums that are often higher than equivalent gas-powered models.
How can I lower my premium for a Tesla Model Y?
Comparing quotes from several insurers, especially those specializing in electric vehicles, remains the most effective way to secure a favorable premium for this model.

Offers received by our customers on TESLA MODEL Y 2023 cars

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Methodology

To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :

  • Analysis period: Our analyses are based solely on insurance submissions collected over the millions of submissions in recent years, thus guaranteeing the relevance of our comparisons.
  • Real-world comparisons: We only use data from insurance submissions that actually resulted in a sale.
  • Proven savings: The results presented only reflect cases where the user has saved money thanks to our comparison tool.
  • Last updated: 08/14/2026

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