Tesla Model S Auto Insurance Rates

Find the best auto insurance rates for your Tesla Model S

Auto Insurance Top Info About Your Tesla Model S

  • The average monthly payment to insure the Tesla Model S is $169 a month for standard coverage and $26 a month for minimum coverage.
  • The lowest cost of insurance is offered by: Erie
  • The Tesla Model S that has the lowest cost to insure is the: 2013 Tesla Model S with an average standard coverage insurance price of $127 a month.
  • The Tesla Model S that has the highest cost to insure is the: 2021 Tesla Model S with an average standard coverage insurance price of $226 a month.

 

How Much Does Car Insurance Cost For Your Tesla Model S?

What year is your Tesla Model S?


2021 Tesla Model S

Average Annual Cost (Standard)
$2,708
Average Annual Cost (Minimum)
$299
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $239 $1,306
2 State Farm $275 $1,879
3 GEICO $309 $3,075
4 Progressive $325 $2,205
5 Allstate $348 $5,073

Compare Tesla Model S insurance Rates:

2020 Tesla Model S

Average Annual Cost (Standard)
$2,700
Average Annual Cost (Minimum)
$306
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $215 $1,709
2 State Farm $275 $1,734
3 GEICO $309 $2,924
4 Progressive $327 $2,159
5 Allstate $404 $4,975

2019 Tesla Model S

Average Annual Cost (Standard)
$1,997
Average Annual Cost (Minimum)
$298
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $219 $1,412
2 State Farm $281 $1,601
3 GEICO $309 $2,717
4 Progressive $334 $2,077
5 Allstate $348 $2,179

2018 Tesla Model S

Average Annual Cost (Standard)
$1,946
Average Annual Cost (Minimum)
$302
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $219 $1,411
2 State Farm $286 $1,609
3 GEICO $315 $2,662
4 Progressive $341 $1,995
5 Allstate $348 $2,051

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2017 Tesla Model S

Average Annual Cost (Standard)
$2,188
Average Annual Cost (Minimum)
$303
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $219 $1,311
2 State Farm $275 $1,420
3 GEICO $303 $2,424
4 Allstate $348 $3,809
5 Progressive $371 $1,975

2016 Tesla Model S

Average Annual Cost (Standard)
$1,852
Average Annual Cost (Minimum)
$340
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $239 $1,063
2 State Farm $289 $2,035
3 GEICO $303 $3,094
4 Progressive $365 $1,878
5 Allstate $506 $1,189

2015 Tesla Model S

Average Annual Cost (Standard)
$1,977
Average Annual Cost (Minimum)
$309
Trims Available
70, 85, 90, 70D, 85D, 90D, P85, P85d, P90d
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $219 $1,220
2 State Farm $289 $1,460
3 GEICO $315 $2,505
4 Allstate $349 $2,940
5 Progressive $372 $1,762

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2014 Tesla Model S

Average Annual Cost (Standard)
$1,809
Average Annual Cost (Minimum)
$310
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $258 $872
2 Progressive $312 $1,582
3 GEICO $315 $2,387
4 State Farm $316 $1,447
5 Allstate $349 $2,757

2013 Tesla Model S

Average Annual Cost (Standard)
$1,527
Average Annual Cost (Minimum)
$311
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $258 $1,170
2 State Farm $300 $1,310
3 GEICO $315 $2,092
4 Progressive $327 $1,516
5 Allstate $354 $1,546

2012 Tesla Model S

Average Annual Cost (Standard)
$1,581
Average Annual Cost (Minimum)
$304
Trims Available
N/A
Rank Company Avg. Annual Rate
(Minimum)
Avg. Annual Rate
(Standard)
1 Erie $258 $1,438
2 State Farm $267 $1,005
3 GEICO $315 $1,874
4 Progressive $326 $1,460
5 Allstate $356 $2,127

Compare Tesla Model S insurance Rates:

 


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.