Auto Insurance Main Points Regarding The Tesla Model 3
- The average monthly premium to insure the Tesla Model 3 is $145 a month for standard coverage and $24 a month for minimum coverage.
- The best monthly payment is offered by: State Farm
- The Tesla Model 3 that is cheapest to insure is the: 2017 Tesla Model 3 with an average standard coverage insurance price of $139 a month.
- The Tesla Model 3 that has the highest premiums to insure is the: 2021 Tesla Model 3 with an average standard coverage insurance price of $159 a month.
How Much Does Car Insurance Cost For Your Tesla Model 3?
What year is your Tesla Model 3?
2021 Tesla Model 3
Average Annual Cost (Standard)
$1,907
Average Annual Cost (Minimum)
$299
Trims Available
N/A
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $208 | $1,319 |
| 2 | State Farm | $249 | $1,138 |
| 3 | Progressive | $303 | $1,748 |
| 4 | GEICO | $309 | $2,787 |
| 5 | Allstate | $425 | $2,542 |
2020 Tesla Model 3
Average Annual Cost (Standard)
$1,676
Average Annual Cost (Minimum)
$293
Trims Available
N/A
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $180 | $1,223 |
| 2 | State Farm | $249 | $876 |
| 3 | Progressive | $305 | $1,711 |
| 4 | GEICO | $309 | $2,168 |
| 5 | Allstate | $422 | $2,402 |
2019 Tesla Model 3
Average Annual Cost (Standard)
$1,713
Average Annual Cost (Minimum)
$288
Trims Available
N/A
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $203 | $982 |
| 2 | State Farm | $267 | $930 |
| 3 | GEICO | $309 | $2,067 |
| 4 | Progressive | $311 | $1,647 |
| 5 | Allstate | $349 | $2,938 |
2018 Tesla Model 3
Average Annual Cost (Standard)
$1,706
Average Annual Cost (Minimum)
$291
Trims Available
N/A
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $203 | $944 |
| 2 | State Farm | $272 | $905 |
| 3 | GEICO | $315 | $2,335 |
| 4 | Progressive | $318 | $1,590 |
| 5 | Allstate | $348 | $2,756 |
2017 Tesla Model 3
Average Annual Cost (Standard)
$1,671
Average Annual Cost (Minimum)
$290
Trims Available
N/A
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $203 | $1,123 |
| 2 | State Farm | $261 | $783 |
| 3 | GEICO | $300 | $2,239 |
| 4 | Progressive | $337 | $1,623 |
| 5 | Allstate | $348 | $2,587 |
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.