Tesla Model X Insurance Rates

U.S. average insurance prices for a Tesla Model X are $1,674 every 12 months for full coverage. Comprehensive insurance costs on average $360 a year, collision insurance costs $696, and liability is $460. Liability-only insurance costs around $510 a year, and high-risk driver insurance costs $3,650 or more. Teenage drivers pay the highest rates at up to $6,190 a year.

Average premium for full coverage: $1,674

Price estimates by individual coverage:

Rates are based on $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes both medical and UM/UIM coverage. Estimates are averaged for all states and Model X trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Rural areas have more infrequent accident claims than densely populated cities. The diagram below illustrates how location impacts car insurance rates.

The ranges above show why it is important to compare rates quotes based on a specific location and their own driving history, instead of using average rates.

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

Rate Comparisons

The chart below shows average Tesla Model X insurance rates for different risk profiles and scenarios.

• The best discount rate is $944
• Raising to $1,000 deductibles will save around $1,436 a year
• The average price for the average middle-age driver with $500 deductibles is $1,674
• Using low $100 deductibles costs an extra $470 every year
• At-risk drivers who are prone to accidents and violations could pay upwards of $3,650
• The price to insure a teen driver may cost $6,190

View Chart as Image

Car insurance prices for a Tesla Model X are also quite variable based on deductibles and policy limits, your driver profile, and the trim level of your Model X.

Using high physical damage deductibles can reduce prices by up to $710 every year, while buying higher liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as little as $1,600 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers will be charged upwards of $6,100 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying at a minimum $2,000 to $2,700 extra each year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 44% to 133% more than a normal policy. View High Risk Driver Rates

The state you live in also has a big influence on Tesla Model X insurance prices. A middle-age driver might find prices as low as $1,100 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $2,390 on average in Michigan, Louisiana, and New York.

View Chart as Image

How to Shop for the Best Cheap Tesla Model X Insurance

Getting lower rates on car insurance consists of having a decent driving record, maintaining a good credit score, eliminating unnecessary coverage, and possibly raising deductibles. Spend time shopping around every year by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following items are a quick review of the coverage data touched on above.

• Drivers can save as much as $210 per year just by quoting early and online
• Increasing physical damage deductibles could save as much as $700 each year
• 16 to 18-year-old drivers are expensive to insure, with premiums as much as $516 a month if the policy includes full coverage
• Higher risk drivers with a DUI or reckless driving violation pay an average of $1,980 more each year than a driver with a clean driving record