Does Insurance Cover Tesla Battery Replacement?

Although insurance does not cover replacing your Tesla battery, it is possible that your Tesla warranty may cover the replacement. The standard A Tesla warranty covers production defects in batteries and related hardware up to 8 years or 150,000 miles, whichever comes first. According to Current Automotive, Teslas Model 3, as well as several other new EVs, offers at least an 8-year warranty, or 100,000 miles on the battery. If a battery is under the manufacturer’s warranty — which is usually for 8 years and 100,000 miles — you should be able to have it replaced without any additional costs.

A battery is covered under a replacement guarantee if it has lost more than thirty percent of its original capacity. If your Tesla is still covered under warranty, your 12-volt battery replacement should be covered. If your battery capacity drops below 70% within your warranty term, Tesla covers the required repairs. A Tesla driver would have little trouble replacing their existing batteries.

If you are replacing a Tesla vehicle battery at home, there are a few issues that can arise. For one, Model 3 batteries are thousands of dollars each to replace. According to Elon Musk, replacing the battery modules on Tesla costs between $5,000 and $7,000. Each Tesla model uses four to five battery modules per car, meaning that an outright replacement would set you back $20,000 to $35,000.

Current Automotive reports a quick search on Google says that replacing the batteries in your Tesla Model 3 would cost anywhere from $3,000 to $7,000. If you have just purchased a new Tesla, you do not have to consider the battery replacement for several years, but it is smart to budget accordingly anyway. Since the average American keeps his or her vehicle for around 12 years, you are likely to have to change the batteries in your Tesla over the course of its life. According to Tesla, you can expect the battery in your Tesla to last between 300,000 and 500,000 miles, or longer, meaning that most Tesla drivers will never have to worry about replacing it.

In the real world, Tesla says that a battery in either the top-of-the-line Tesla Model S or Model X will maintain 90 percent of capacity on average after 200,000 miles. Unless you have Tesla insurance, a standard insurance company is not likely to cover the cost of replacing a battery in your Tesla. Most auto insurance companies will cover the cost of replacing the battery as long as you do not exceed the maximum value that the company provides. Even if your budget cannot afford an insurance policy that includes a car battery replacement, you should invest in the best coverage that your finances will allow. 

If the high-voltage wires or the battery cells break, Teslas trademark company covers both parts and labor costs. Tesla tried to charge the Model S owner $22,500 to replace a battery pack outside the warranty, but a third-party shop was able to solve the problem for a fraction of $22.

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