Tesla Model X Insurance Rates

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

Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Mar 30, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

U.S. average auto insurance rates for a Tesla Model X are $1,860 annually for full coverage insurance. Comprehensive costs around $402, collision costs $844, and liability costs $456. Liability-only coverage costs as little as $508 a year, with high-risk coverage costing around $4,072. Teen drivers pay the highest rates at $6,812 a year or more.

Average premium for full coverage: $1,860

Price estimates for individual coverage:

Comprehensive $402
Collision $844
Liability $456

These estimates include $500 deductibles, 30/60 split liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 states and for different Model X trim levels.

Price Range from Low to High

For the average 40-year-old driver, Tesla Model X insurance prices go from as cheap as $508 for the bare minimum liability coverage to a much higher rate of $4,072 for a high-risk insurance policy.

Liability Only $508
Full Coverage $1,860
High Risk $4,072

Geographic Price Range

Your location can make a big difference on car insurance rates. Areas with sparse population have fewer physical damage claims than larger metro areas.

The price range example below illustrates the difference location can make on auto insurance rates.

Rural Areas $1,395
Small Cities $1,953
Large Cities $2,511

The ranges above illustrate why anyone shopping for car insurance should compare rates for a specific zip code and their own personal driving habits, instead of making a decision based on price averages.

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.

Additional Rate Information

The chart below illustrates estimated Tesla Model X insurance rates for additional coverage choices and driver risks.

  • The lowest rate with discounts is $1,032
  • Drivers who choose higher $1,000 deductibles will pay about $280 each year
  • The estimated rate for the average middle-age driver using $500 deductibles is $1,860
  • Choosing more expensive low deductibles for comprehensive and collision insurance will cost $2,416
  • Drivers with multiple violations and an at-fault accident could pay at least $4,072 or more
  • The price with full coverage for a 16-year-old driver with full coverage can be $6,812 a year

View Chart as Image

Tesla Model X insurance cost comparison chart
Column chart showing full coverage Tesla Model X insurance rates range from $1,032 to $6,812

Auto insurance prices for a Tesla Model X are also quite variable based on the trim level and model year, your risk profile, and deductibles and policy limits.

An older driver with a good driving record and high physical damage deductibles may pay as low as $1,700 per year on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will have to pay as much as $6,800 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are probably paying at least $2,200 to $3,000 in extra premium each year, depending on your age. High-risk driver insurance can cost from 44% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $840 annually, while increasing your policy's liability limits will increase prices. Switching from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $411 extra every year. View Rates by Deductible or Liability Limit

The state you live in makes a big difference in Tesla Model X insurance prices. A 40-year-old driver could pay as low as $1,220 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $2,510 on average in Michigan, New York, and Florida.

Tesla Model X Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,684 -$176 -9.5%
Alaska $1,428 -$432 -23.2%
Arizona $1,546 -$314 -16.9%
Arkansas $1,860 -$0 0.0%
California $2,122 $262 14.1%
Colorado $1,778 -$82 -4.4%
Connecticut $1,914 $54 2.9%
Delaware $2,108 $248 13.3%
Florida $2,328 $468 25.2%
Georgia $1,718 -$142 -7.6%
Hawaii $1,336 -$524 -28.2%
Idaho $1,258 -$602 -32.4%
Illinois $1,388 -$472 -25.4%
Indiana $1,404 -$456 -24.5%
Iowa $1,256 -$604 -32.5%
Kansas $1,768 -$92 -4.9%
Kentucky $2,538 $678 36.5%
Louisiana $2,756 $896 48.2%
Maine $1,150 -$710 -38.2%
Maryland $1,536 -$324 -17.4%
Massachusetts $1,490 -$370 -19.9%
Michigan $3,234 $1,374 73.9%
Minnesota $1,558 -$302 -16.2%
Mississippi $2,230 $370 19.9%
Missouri $1,652 -$208 -11.2%
Montana $2,000 $140 7.5%
Nebraska $1,468 -$392 -21.1%
Nevada $2,232 $372 20.0%
New Hampshire $1,340 -$520 -28.0%
New Jersey $2,080 $220 11.8%
New Mexico $1,648 -$212 -11.4%
New York $1,962 $102 5.5%
North Carolina $1,072 -$788 -42.4%
North Dakota $1,524 -$336 -18.1%
Ohio $1,286 -$574 -30.9%
Oklahoma $1,910 $50 2.7%
Oregon $1,704 -$156 -8.4%
Pennsylvania $1,776 -$84 -4.5%
Rhode Island $2,482 $622 33.4%
South Carolina $1,686 -$174 -9.4%
South Dakota $1,570 -$290 -15.6%
Tennessee $1,630 -$230 -12.4%
Texas $2,242 $382 20.5%
Utah $1,380 -$480 -25.8%
Vermont $1,274 -$586 -31.5%
Virginia $1,116 -$744 -40.0%
Washington $1,438 -$422 -22.7%
West Virginia $1,704 -$156 -8.4%
Wisconsin $1,288 -$572 -30.8%
Wyoming $1,658 -$202 -10.9%

View Chart as Image

Tesla Model X insurance rates by U.S. city

Since prices can be so different, the only way to figure out your exact price is to compare prices from multiple companies. Every company uses a different rate calculation, and quoted prices may be quite different between companies.

Tesla Model X Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Tesla Model X $540 $1,124 $372 $2,194
2023 Tesla Model X $516 $1,080 $390 $2,144
2022 Tesla Model X $494 $1,072 $398 $2,122
2021 Tesla Model X $478 $1,046 $416 $2,098
2020 Tesla Model X $462 $1,002 $430 $2,052
2019 Tesla Model X $436 $966 $442 $2,002
2018 Tesla Model X $420 $898 $452 $1,928
2017 Tesla Model X $402 $844 $456 $1,860
2016 Tesla Model X $386 $758 $460 $1,762

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

How to Buy Cheap Tesla Model X Insurance

Getting lower rates on insurance for a Tesla Model X not only requires not taking risks behind the wheel, but also having above-average credit, not filing small claims, and maximizing policy discounts. Make time to compare rates at least every other year by obtaining price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following is a brief summary of the car insurance concepts touched on in this article.

  • Drivers considered higher risk that tend to have accidents or serious violations pay on average $2,210 more every year for Model X insurance
  • It is possible to save up to $230 per year simply by shopping early and online
  • Increasing physical damage deductibles could save up to $825 each year
  • Insureds who may need higher liability limits will pay about $500 annually to go from a low limit to higher 250/500 limits

Rates by Driver Age

Tesla Model X Insurance Rates by Driver Age
Driver Age Premium
16 $6,812
20 $4,342
30 $1,956
40 $1,860
50 $1,696
60 $1,668

Full coverage, $500 deductibles

Rates by Deductible

Tesla Model X Insurance Rates with Different Deductibles
Deductible Premium
$100 $2,416
$250 $2,156
$500 $1,860
$1,000 $1,580

Full coverage, driver age 40

Rates by Liability Limit

Tesla Model X Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,860
50/100 $1,951
100/300 $2,065
250/500 $2,362
100 CSL $1,997
300 CSL $2,248
500 CSL $2,430

Full coverage, driver age 40

Rates for High Risk Drivers

Tesla Model X Insurance Rates for High Risk Drivers
Age Premium
16 $9,792
20 $6,932
30 $4,178
40 $4,072
50 $3,886
60 $3,856

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 $271

Potential Rate Discounts

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

Discount Savings
Multi-policy $102
Multi-vehicle $100
Homeowner $26
5-yr Accident Free $149
5-yr Claim Free $124
Paid in Full/EFT $93
Advance Quote $98
Online Quote $136
Total Discounts $828
Rate after discounts $1,032

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

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

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

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles