Tesla Model X Insurance Rates

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

Average premium for full coverage: $1,674

Price estimates for individual coverage:

Price estimates include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 U.S. states and Model X models.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on the price of insurance. Areas with sparse population have more infrequent comprehensive and collision claims than larger metro areas. The graphic below illustrates how rural and urban location affects auto insurance rates.

The ranges above highlight why all drivers should compare rates for a specific zip code and their own driving history, rather than using price averages.

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

Additional Rate Information

The chart below breaks down average Tesla Model X insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $944
• Drivers who choose higher $1,000 deductibles will pay about $238 every year
• The average price for the average middle-age driver using $500 deductibles is $1,674
• Choosing low deductibles for comprehensive and collision insurance increases the price to $2,144
• High-risk insureds with multiple violations and an at-fault accident could pay at least $3,650
• The price to insure a teenage driver can be $6,190 a year

View Chart as Image

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

Choosing high deductibles could save up to $710 a year, whereas increasing liability limits will increase prices. Changing from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles may only pay around $1,600 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers will have to pay as much as $6,100 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are likely paying at least $2,000 to $2,700 in extra premium each year, depending on your age. Insurance for high-risk drivers can cost around 44% to 133% more than average. View High Risk Driver Rates

The state you live in makes a big difference in Tesla Model X insurance rates. A 40-year-old driver could pay as low as $1,280 a year in states like Missouri, New Hampshire, and Vermont, or as much as $2,390 on average in Michigan, New York, and Louisiana.

View Chart as Image

How to Shop for Cheaper Tesla Model X Insurance

Getting lower rates on auto insurance not only requires being a safe and courteous driver, but also having a good credit score, being claim-free, and possibly raising deductibles. Set aside time to shop around every other policy renewal by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below is a condensed summary of the ideas that were raised in the charts and tables above.

• Teenage drivers are expensive to insure, possibly costing $516 a month if comprehensive and collision insurance is included
• Drivers with multiple at-fault accidents could be forced to pay on average $1,980 more every year for auto insurance
• Increasing physical damage deductibles could save as much as $700 each year
• You may be able to save up to $210 per year just by quoting online in advance