Model 3 annual insurance premium soars to 22,800 yuan

According to reports, a Tesla owner decided to sell his Tesla, which he bought three years ago, because the Model 3 insurance premium soared to 22,800 yuan. The vehicle is valued at about 120,000 yuan in the second-hand market, and the premium accounts for about 20% of its market value. Other insurance companies have refused to provide insurance services for it. According to statistics, the average premium for commercial auto insurance for new energy vehicles is 4,003 yuan, which is about 1.8 times that of traditional fuel vehicles.