Tesla Model X Insurance Rates

The average insurance prices for a Tesla Model X are $1,674 every 12 months with full coverage. Comprehensive insurance costs around $360 each year, collision insurance costs $696, and liability coverage costs around $460. Liability-only insurance costs as low as $510 a year, and high-risk driver insurance costs $3,650 or more. Teens cost the most to insure at up to $6,190 a year.

Average premium for full coverage: $1,674

Policy rates for type of insurance:

Includes $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and Model X models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on insurance rates. Areas with sparse population are shown to have more infrequent collision claims than cities with more traffic congestion. The graphic below illustrates how location helps determine auto insurance rates.

The examples above demonstrate why all drivers should compare prices for a specific zip code and their own driving history, rather than using averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $944
• Using higher $1,000 deductibles will save about $238 annually
• The average price for a good driver age 40 using $500 deductibles is $1,674
• Selecting low deductibles for physical damage coverage costs an extra $470 each year
• Higher-risk drivers with serious driving violations could pay at least $3,650
• Policy cost to insure a teenage driver can be $6,190 or more

View Chart as Image

Auto insurance rates for a Tesla Model X also range considerably based on liability limits and deductibles, your driving record, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $710 a year, whereas increasing liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $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 a year, or $133 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay as much as $6,100 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out at least $2,000 to $2,700 in extra premium every year, depending on your age. Insurance for high-risk drivers can be around 44% to 133% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on Tesla Model X insurance rates. A driver around age 40 might see rates as low as $1,210 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $2,260 on average in Florida, Michigan, and New York.

View Chart as Image

How to Shop for the Cheapest Tesla Model X Insurance

Finding cheaper rates on auto insurance requires avoiding accidents and violations, having a good credit score, not filing small claims, and possibly raising deductibles. Invest time comparing rates at every policy renewal by getting quotes from direct companies, and also from several local insurance agents.

The list below is a recap of the data covered in the charts and tables above.

• Consumers who may need higher liability limits will pay approximately $510 every year to increase from a 30/60 limit to a 250/500 level
• You may be able to save up to $210 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $700 each year
• Teenagers are expensive to insure, as much as $516 each month if comprehensive and collision insurance is included