Tesla Model X Insurance Rates

U.S. average auto insurance rates for a Tesla Model X are $1,674 annually for full coverage insurance. Comprehensive costs an estimated $360 a year, collision insurance costs $696, and liability coverage is estimated at $460. A policy with just liability insurance costs approximately $510 a year, and coverage for high-risk drivers costs around $3,650. Teenage drivers pay the highest rates at up to $6,190 a year.

Average premium for full coverage: $1,674

Price estimates broken down by individual coverage:

Includes $500 deductible amounts, 30/60 liability coverage, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 states and Model X trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of insurance. More rural locations have fewer physical damage claims than densely populated cities. The diagram below illustrates how location impacts insurance prices.

The ranges above illustrate why it is important to get quotes for a targeted area and their own personal driving habits, rather than using average rates.

Use the form below to get customized rates for your location.

Rates by State, City, and Model

The chart below illustrates average Tesla Model X insurance rates for other coverage scenarios.

• The best discount rate is $944
• Choosing higher $1,000 deductibles can save approximately $1,436 each year
• The estimated rate for the average middle-age driver who has $500 deductibles is $1,674
• Using low $100 deductibles for comp and collision coverage will cost $2,144
• Drivers who are prone to accidents and violations could pay up to $3,650
• The price with full coverage for a teenage driver can cost as much as $6,190 each year

View Chart as Image

Insurance prices for a Tesla Model X are also quite variable based on the trim level and model year, your risk profile, and liability limits and deductibles.

Older drivers with a clean driving record and high physical damage deductibles may only pay around $1,600 annually on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they can expect to pay at least $6,100 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are probably paying $2,000 to $2,700 extra each year, depending on your age. A high-risk auto insurance policy ranges around 44% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $710 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

The state you live in plays a big part in determining prices for Tesla Model X insurance rates. A good driver about age 40 could pay as low as $1,100 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $2,260 on average in Florida, New York, and Michigan.

View Chart as Image

How to Buy the Cheapest Tesla Model X Insurance

Getting lower rates on auto insurance takes having a good driving record, having a good credit history, not filing small claims, and deciding if full coverage is necessary. Spend time shopping around every year by quoting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The next list is a recap of the coverage data touched on above.

• It is possible to save approximately $210 per year just by quoting early and online
• Increasing physical damage deductibles could save up to $700 each year
• Drivers age 20 and younger are charged the highest prices, as much as $516 a month including comprehensive and collision insurance
• Drivers that have major violations or accidents may pay on average $1,980 more annually to buy Tesla Model X insurance