Tesla Roadster Insurance Rates

Average insurance rates for a Tesla Roadster are $1,414 a year for full coverage insurance. Comprehensive insurance costs approximately $296 a year, collision insurance costs $486, and liability costs $474. Buying just liability costs as little as $522 a year, and insurance for high-risk drivers costs $3,054 or more. Teenage drivers receive the highest rates at up to $5,332 a year.

Average premium for full coverage: $1,414

Rate estimates by individual coverage type:

Estimates include $500 policy deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and Roadster trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of auto insurance. Rural locations tend to have lower incidents of physical damage claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on auto insurance prices.

These examples illustrate why it is important to compare rates using their specific location, instead of using average rates.

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

Detailed Rate Analysis

The chart below illustrates average Tesla Roadster insurance rates for additional coverage and risk scenarios.

• The best discount rate is $818
• Drivers who choose higher $1,000 deductibles will pay $1,236 each year
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,414
• Using low $100 deductibles for comprehensive and collision insurance will cost an additional $342 every year
• Higher-risk drivers who are prone to accidents and violations could pay around $3,054
• The cost that insures a teen driver can cost $5,332 a year

View Chart as Image

Auto insurance rates for a Tesla Roadster can also vary considerably based on the trim level of your Roadster, your age and driving record, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you are probably paying anywhere from $1,700 to $2,300 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,300 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay in the ballpark of $5,300 a year. View Rates by Age

Where you live makes a big difference in Tesla Roadster insurance prices. A 40-year-old driver could pay as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $520 every year, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

How to Find Low Cost Tesla Roadster Insurance

Saving money on car insurance not only requires being a good driver, but also maintaining a good credit score, avoid buying unnecessary coverage, and possibly higher deductibles. Compare prices every year by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

The following list is a review of the coverage data covered above.

• It is possible to save around $170 per year just by quoting early and online
• Increasing deductibles can save approximately $525 each year
• Drivers age 16 to 20 have the highest car insurance rates, costing up to $444 per month if the policy includes full coverage
• Higher risk drivers who have several accidents or serious violations could be charged and average of $1,640 more per year than a safer driver