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EV Insurance in Victoria, Australia: Tesla Insurance Costs 2026

Complete guide to EV insurance in Victoria, Australia. Average Tesla insurance cost is A$77/month. Compare top insurers, coverage requirements, and money-saving tips.

Published on March 17, 2026

EV Insurance in Victoria: Complete Guide

Looking for EV insurance or Tesla Insurance information in Victoria, Australia? The average annual EV insurance premium in Victoria is A$920 (A$77/month). This guide covers costs, top providers, and how to get the best rates.

Complete Tesla Insurance Guide: This article is part of our Tesla Insurance Ultimate Guide 2026 - the most comprehensive Tesla insurance resource online.

Victoria EV Insurance Overview

A$920
Annual Average
A$77
Monthly Average
CTP (Compulsory Third Party)
Minimum Coverage

Tesla Insurance Cost by Model in Victoria

Tesla ModelMonthly CostAnnual Cost
Model 3A$59A$708
Model YA$71A$852
Model SA$94A$1,128

Considering a Tesla Cybercab? See our Tesla Cybercab Insurance Guide.

Top EV Insurers in Victoria

RACV
A$83
/month avg
Allianz
A$82
/month avg
AAMI
A$77
/month avg
Budget Direct
A$82
/month avg

Tesla Insurance Availability

Tesla Insurance (the direct-from-Tesla product) is currently only available in select US states. Victoria residents should compare quotes from local insurers listed above. For global Tesla Insurance insights, read Tesla Insurance States.

5 Ways to Save on EV Insurance in Victoria

  1. Compare multiple quotes - Rates vary significantly between insurers in Victoria
  2. Increase your excess/deductible - Higher excess means lower premiums
  3. Ask about EV-specific discounts - Many insurers reward green vehicles
  4. Install security features - Dashcams and tracking devices can reduce rates
  5. Maintain a clean driving record - No-claims bonuses compound over time

For more tips, read How to Buy Tesla Insurance.

Frequently Asked Questions

How much is EV insurance in Victoria? The average EV insurance cost in Victoria is A$77/month (A$920/year).

What is the cheapest Tesla insurance in Victoria? Based on our data, RACV typically offers competitive rates for Tesla vehicles in Victoria.

Is Tesla Insurance available in Victoria? Tesla Insurance is currently US-only, available in 14 states. Victoria Tesla owners should use local insurers.

What coverage do I need in Victoria? The minimum coverage in Victoria is CTP (Compulsory Third Party). We recommend comprehensive coverage for EVs due to higher repair costs.

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For complete Tesla Insurance data, read our Tesla Insurance Ultimate Guide 2026. Explore more regions on our EV Insurance Map.

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