Compare Car Insurance Quotes for Tesla

Find the best auto insurance quotes for your Tesla

Average Insurance Cost for a Tesla

The average annual auto insurance cost for a Tesla is $1,866 (or $156 monthly). The monthly premium can change according to your insurance record, the required level of coverage and between the various models of the Tesla you have. Some insurance companies might offer a different price for each model so we recommend you to always compare insurance providers. Look for your exact model in the list below and discover the average cost for your car.

 

Choose your Tesla Model to Compare Insurance Rates: 


The Cheapest Car Insurance by Model:

Rank Model Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 MODEL 3 $292 $1,735
2 MODEL S $308 $2,028
3 MODEL Y $313 $1,131
4 MODEL X $324 $1,966
5 ROADSTER $329 $1,827


How Much Does Insurance Cost for Your Tesla? 

When you are inquiring about the best online insurance coverage for your Tesla, it is crucial to know the exclusive features that this family of vehicles has as it may largely influence the price you pay for your insurance. 

Before you figure out the best insurance policy for a Tesla, find out about what is really crucial for you to insure in your vehicle as it may be particular features that don’t exist in any other make.

As the premium to insure your Tesla can considerably change between multiple insurers, it is recommended that you choose your preferred insurance policy, and its price, before buying a particular brand of vehicles.  


Methodology

The insurance rates presented on this page are based on extensive research done by Quadrant Information Services and that refer to rates offered by major carriers to a 40 year old male driver from Ohio, with good credit and a clean driving record with these standard coverage limits:

  • $50,000 bodily injury liability per person
  • $100,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $50,000 uninsured motorist bodily injury per person
  • $100,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

The minimum coverage rates presented on this page are based on the same driver as above seeking these minimum coverage limits:

  • $25,000 bodily injury liability per person
  • $50,000 bodily injury liability per accident
  • $25,000 property damage liability per accident

These are sample rates and should be used for comparative purposes only. Depending on your personal information, your quotes may be different.