Tesla Model X Insurance Rates

Average insurance rates for a Tesla Model X are $1,762 a year with full coverage. Comprehensive costs approximately $386, collision insurance costs $758, and liability coverage costs $460. Liability-only coverage costs as little as $510 a year, and high-risk coverage costs around $3,840. Teenage drivers receive the highest rates at up to $6,466 a year.

Average premium for full coverage: $1,762

Rate estimates by individual coverage type:

Prices include $500 physical damage deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Rates are averaged for all U.S. states and for different Model X trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of insurance. Rural locations tend to have a lower frequency of collision claims than densely populated cities. The price range example below illustrates how location helps determine auto insurance prices.

These examples demonstrate why anyone shopping for car insurance should compare rates using their specific location and risk profile, 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 details average Tesla Model X insurance rates for additional coverage and risk scenarios.

• The best discount rate is $987
• Drivers who choose higher $1,000 deductibles will pay $258 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,762
• Using more expensive low deductibles for comprehensive and collision insurance will increase the cost to $2,268
• High-risk insureds who are prone to accidents and violations could pay around $3,840
• The cost for full coverage for a teenage driver with full coverage can cost $6,466 a year

View Chart as Image

Car insurance rates for a Tesla Model X can also vary considerably based on your driver profile, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with no driving violations and high deductibles may only pay around $1,600 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers will be charged in the ballpark of $6,400 a year. View Rates by Age

Where you live makes a big difference in Tesla Model X insurance rates. A 40-year-old driver could pay as low as $1,270 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $2,380 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $770 a year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $414 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $2,100 to $2,900 extra per year, depending on your age. High-risk driver insurance can cost around 45% to 133% more than a normal policy. View High Risk Driver Rates

How to Find the Right Tesla Model X Insurance

Saving money on auto insurance not only requires being a safe and courteous driver, but also having above-average credit, eliminating unnecessary coverage, and attention to physical damage deductibles. Invest time comparing rates every year by getting rate quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

Below is a quick rundown of the coverage data covered in the charts and tables above.

• You may be able to save around $220 per year just by shopping early and online
• Increasing deductibles can save around $775 each year
• Teenage drivers pay the highest auto insurance rates, with premiums as much as $539 per month if full coverage is included
• Drivers with reckless driving or DUI convictions pay on average $2,080 more per year for auto insurance