Definition: The word 'Tesla insurance' refers to a type of insurance that applies to Tesla electric cars, which are popular vehicles in the United States. This type of insurance covers costs related to the operation, maintenance, repair, or replacement of an electric vehicle, including the purchase price for the vehicle and any expenses associated with its operation. The coverage typically includes liability protection, theft coverage, damage coverage, comprehensive coverage, and collision coverage. The Tesla insurance policy is often written as a self-insured plan, meaning that the company provides coverage under their own name rather than through a third-party insurer like an umbrella company. This can make it more cost-effective for Tesla owners to maintain their vehicle in the event of accidents or damage. It's important to note that each state has its own regulations and requirements for Tesla insurance. If you need information on specific requirements in your state, it's always best to consult with a legal professional or an insurance expert.