Tesla Model X Insurance Rates

Average insurance rates for a Tesla Model X are $1,674 a year for full coverage. Comprehensive costs approximately $360, collision insurance costs $696, and liability is estimated at $460. A liability-only policy costs approximately $510 a year, and high-risk insurance costs around $3,650. Teenage drivers receive the highest rates at up to $6,190 a year.

Average premium for full coverage: $1,674

Rate estimates by individual coverage type:

Includes $500 policy deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and for all Model X models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on car insurance rates. Rural locations tend to have lower incidents of accident claims than densely populated cities. The example below illustrates how your location can change auto insurance prices.

These examples show why everyone should get quotes using their specific location, instead of making a decision based on average rates.

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

More Rate Information

The chart below shows average Tesla Model X insurance rates for additional coverage and risk scenarios.

• The best discount rate is $944
• Choosing higher $1,000 deductibles can save $238 a year
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,674
• Using pricier low deductibles for comp and collision coverage bumps up the cost to $2,144
• Higher-risk drivers who are prone to accidents and violations could pay around $3,650
• The cost that insures a 16-year-old driver for full coverage can cost $6,190 each year

View Chart as Image

Insurance rates for a Tesla Model X can also vary considerably based on the model of your Model X, how you drive, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you could be paying anywhere from $2,000 to $2,700 extra per year, depending on your age. Tesla Model X insurance for high-risk drivers ranges from 44% to 133% more than a normal policy. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,600 annually on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records can expect to pay in the ballpark of $6,100 a year. View Rates by Age

Where you live plays a big part in determining prices for Tesla Model X insurance prices. A good driver about age 40 could pay as low as $1,100 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,390 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $710 annually, whereas buying more liability protection will push rates upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $414 more per year. View Rates by Deductible or Liability Limit

How to Find the Cheapest Tesla Model X Insurance

Saving money on insurance for a Tesla Model X takes being safe and accident-free, having above-average credit, eliminating unneeded coverage, and possibly raising deductibles. Compare prices every other policy renewal by requesting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below you'll find a recap of the ideas that were illustrated above.

• Youthful drivers are expensive to insure, costing as high as $516 per month if full coverage is included
• Drivers considered higher risk that have major violations or accidents could be forced to pay on average $1,980 more per year than a low-risk driver
• Increasing deductibles can save approximately $700 each year
• Drivers can save around $210 per year just by quoting online well ahead of the renewal date