Tesla Model X Insurance Rates

Average insurance rates for a Tesla Model X are $1,674 a year including full coverage. Comprehensive insurance costs an estimated $360 a year, collision insurance costs $696, and liability is estimated at $460. A policy with just liability insurance costs approximately $510 a year, and coverage for high-risk drivers costs $3,650 or more. 16-year-old drivers receive the highest rates at up to $6,190 a year.

Average premium for full coverage: $1,674

Rate estimates broken down by individual coverage type:

Includes $500 policy deductibles, 30/60 liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and Model X trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on the price of auto insurance. More rural locations tend to have a lower frequency of comprehensive and collision claims than congested cities. The diagram below illustrates how location helps determine insurance prices.

These examples highlight why it is important to get quotes for a targeted area and risk profile, instead of using rate averages.

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

More Rate Details

The chart below breaks down average Tesla Model X insurance rates for other coverage scenarios.

• The best full coverage rate is $944
• Choosing higher $1,000 deductibles can save approximately $1,436 every year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,674
• Buying low $100 deductibles for comp and collision coverage will cost an extra $470 every year
• Unlucky drivers with multiple tickets or accidents could pay up to $3,650
• The cost for full coverage for a teen driver can cost as much as $6,190 each year

View Chart as Image

Insurance rates for a Tesla Model X can also vary considerably based on your driver profile, the model of your Model X, and liability limits and deductibles.

Older drivers with no violations or accidents and high deductibles may pay as little as $1,600 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay at least $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 $1,280 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,390 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $710 every year, while buying higher liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will cost as much as $414 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying $2,000 to $2,700 additional per year, depending on your age. A high-risk auto insurance policy ranges as much as 44% to 133% more than the average rate. View High Risk Driver Rates

How to Find the Cheapest Tesla Model X Insurance

Saving money on car insurance takes being safe and accident-free, having a good credit history, not filing small claims, and possibly raising deductibles. Invest time comparing rates at every policy renewal by requesting rates from direct car insurance companies like GEICO and Progressive, and also from your local independent and exclusive agents.

Below you'll find a recap of the data covered in the charts and tables above.

• Policyholders who want more liability protection will pay around $510 per year to raise limits from a minimum limit to 250/500 limits
• You may be able to save approximately $210 per year just by quoting early and online
• Increasing deductibles can save around $700 each year
• Youthful drivers are expensive to insure, as much as $516 per month including comprehensive and collision insurance