AAA is raising insurance on Tesla cars.
Insurance company AAA told Auto News that premiums will jump 30 percent for Tesla owners because of abnormally high claim frequencies and costs from Model S and Model X cars compared to others in the same class. Tesla disputes the analysis from research done by AAA. Large luxury car claims are reported more than other cars type and cost 50 percent more than the average price. One deciding factor is determining how to insure the ‘autopilot’ feature, with Tesla saying they are working with insurance companies to evaluate.