How does Tesla Insurance work with shared ownership?

Hey everyone, I just ordered a Tesla Model Y Long Range this morning. The car will be under her name because she’s getting the loan through her bank, as her credit score is better than mine. I’ll be the one making the monthly payments, though.

We currently have separate insurance policies—she’s with State Farm. I want to check out Tesla Insurance for this car, but I’m not sure how it works. The car will primarily be for me since she already has her own vehicle. Any advice on how to handle this? Thanks!

Tesla Insurance availability depends on your state, as it’s not offered everywhere. You’ll need insurance ready before picking up the car, and both of you should be listed on the policy. Consider cosigning the loan; it’ll allow you to make payments directly and may help improve your credit score.

I believe only the owner can get a Tesla Insurance quote, but the owner can add other drivers and even insure additional cars. Tesla Insurance adjusts pricing monthly based on driving habits, and you can cancel anytime. Just quote it through the Tesla app if it’s available in your state—it’s a straightforward process.

If you add yourself to the title, it could simplify things and help you build credit. Lenders often use the higher credit score for loan rates—my spouse’s score lowered our rate by 1.5%. Adding yourself to the title might also make it easier for you to handle the insurance process instead of relying on her.