Tesla Roadster Insurance Rates

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UPDATED: Mar 29, 2024

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The average insurance rates for a Tesla Roadster are $1,482 a year for full coverage insurance. Comprehensive insurance costs approximately $314 a year, collision insurance costs $536, and liability insurance is $474. A liability-only policy costs around $522 a year, and high-risk insurance costs $3,206 or more. Teens cost the most to insure at up to $5,554 a year.

Average premium for full coverage: $1,482

Policy rates by type of insurance:

Comprehensive $314
Collision $536
Liability $474

These estimates include $500 deductible amounts, 30/60 liability coverage, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and Roadster trim levels.

Price Range Variability

For a driver around age 40, Tesla Roadster insurance rates range from the low end price of $522 for basic liability insurance to a high of $3,206 for a policy for a high-risk driver.

Liability Only $522
Full Coverage $1,482
High Risk $3,206

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than cities with more traffic congestion. The diagram below illustrates the difference between rural and urban areas on auto insurance prices.

Rural Areas $1,112
Small Cities $1,556
Large Cities $2,001

The examples above illustrate why it is important to compare rates quotes using their specific location, rather than relying on averaged prices.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Rate Comparisons

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

  • The cheapest rate after discounts is $850
  • Raising to $1,000 deductibles will save $1,288 each year
  • The estimated price for a good driver age 40 who chooses $500 deductibles is $1,482
  • Selecting low $100 deductibles will cost an additional $372 a year
  • Higher-risk drivers with serious driving violations could pay around $3,206
  • Policy cost that insures a teen driver can cost $5,554

View Chart as Image

Tesla Roadster insurance cost comparison chart
Column chart showing Tesla Roadster insurance prices range from $850 to $5,554 for full coverage

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

If you have a few points on your driving record or you caused an accident, you are probably paying anywhere from $1,800 to $2,400 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 43% to 136% more than the average policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,400 every 12 months on average, or $117 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged in the ballpark of $5,500 a year. View Rates by Age

Your home state also has a big influence on Tesla Roadster insurance rates. A middle-age driver might find rates as low as $970 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $2,000 on average in Florida, New York, and Michigan.

Tesla Roadster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,340 -$142 -9.6%
Alaska $1,134 -$348 -23.5%
Arizona $1,228 -$254 -17.1%
Arkansas $1,482 -$0 0.0%
California $1,688 $206 13.9%
Colorado $1,416 -$66 -4.5%
Connecticut $1,522 $40 2.7%
Delaware $1,678 $196 13.2%
Florida $1,854 $372 25.1%
Georgia $1,366 -$116 -7.8%
Hawaii $1,064 -$418 -28.2%
Idaho $1,000 -$482 -32.5%
Illinois $1,104 -$378 -25.5%
Indiana $1,114 -$368 -24.8%
Iowa $1,000 -$482 -32.5%
Kansas $1,408 -$74 -5.0%
Kentucky $2,020 $538 36.3%
Louisiana $2,190 $708 47.8%
Maine $914 -$568 -38.3%
Maryland $1,222 -$260 -17.5%
Massachusetts $1,184 -$298 -20.1%
Michigan $2,574 $1,092 73.7%
Minnesota $1,238 -$244 -16.5%
Mississippi $1,774 $292 19.7%
Missouri $1,314 -$168 -11.3%
Montana $1,592 $110 7.4%
Nebraska $1,168 -$314 -21.2%
Nevada $1,776 $294 19.8%
New Hampshire $1,066 -$416 -28.1%
New Jersey $1,654 $172 11.6%
New Mexico $1,312 -$170 -11.5%
New York $1,560 $78 5.3%
North Carolina $852 -$630 -42.5%
North Dakota $1,212 -$270 -18.2%
Ohio $1,022 -$460 -31.0%
Oklahoma $1,522 $40 2.7%
Oregon $1,356 -$126 -8.5%
Pennsylvania $1,414 -$68 -4.6%
Rhode Island $1,974 $492 33.2%
South Carolina $1,342 -$140 -9.4%
South Dakota $1,250 -$232 -15.7%
Tennessee $1,296 -$186 -12.6%
Texas $1,786 $304 20.5%
Utah $1,096 -$386 -26.0%
Vermont $1,014 -$468 -31.6%
Virginia $888 -$594 -40.1%
Washington $1,146 -$336 -22.7%
West Virginia $1,358 -$124 -8.4%
Wisconsin $1,026 -$456 -30.8%
Wyoming $1,320 -$162 -10.9%

View Chart as Image

Tesla Roadster insurance rates by U.S. city

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $570 each 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 raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Tesla Roadster Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2011 Tesla Roadster $314 $536 $474 $1,482
2010 Tesla Roadster $296 $486 $474 $1,414
2008 Tesla Roadster $282 $426 $460 $1,326

Rates are averaged for all Tesla Roadster models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find Cheap Tesla Roadster Insurance

Finding cheaper rates on Tesla Roadster insurance consists of having a good driving record, having a positive credit history, being claim-free, and attention to physical damage deductibles. Compare rates every year by requesting quotes from direct insurance companies, and also from your local car insurance providers.

The next list is a brief summary of the coverage data covered above.

  • It is possible to save around $180 per year just by quoting early and online
  • Increasing comprehensive and collision deductibles can save approximately $575 each year
  • Drivers age 20 and younger pay the highest auto insurance rates, possibly costing $463 each month if full coverage is purchased
  • High-risk drivers that tend to have accidents or serious violations could be charged and average of $1,720 more per year to buy Tesla Roadster insurance

Rates by Driver Age

Tesla Roadster Insurance Rates by Driver Age
Driver Age Premium
16 $5,554
20 $3,404
30 $1,540
40 $1,482
50 $1,352
60 $1,326

Full coverage, $500 deductibles

Rates by Deductible

Tesla Roadster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,854
$250 $1,682
$500 $1,482
$1,000 $1,288

Full coverage, driver age 40

Rates by Liability Limit

Tesla Roadster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,482
50/100 $1,577
100/300 $1,695
250/500 $2,003
100 CSL $1,624
300 CSL $1,885
500 CSL $2,075

Full coverage, driver age 40

Rates for High Risk Drivers

Tesla Roadster Insurance Rates for High Risk Drivers
Age Premium
16 $7,924
20 $5,432
30 $3,274
40 $3,206
50 $3,062
60 $3,032

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $207

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $79
Multi-vehicle $79
Homeowner $23
5-yr Accident Free $108
5-yr Claim Free $97
Paid in Full/EFT $67
Advance Quote $73
Online Quote $106
Total Discounts $632
Rate after discounts $850

Discounts are estimated and may not be available from every company or in every state.

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