Tesla Model X Insurance Rates

The average insurance rates for a Tesla Model X are $1,674 a year for full coverage insurance. Comprehensive costs approximately $360 each year, collision insurance costs $696, and liability costs around $460. A liability-only policy costs as low as $510 a year, and high-risk insurance costs around $3,650. Teenage drivers cost the most to insure at up to $6,190 a year.

Average premium for full coverage: $1,674

Policy rates by type of insurance:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 states and Model X models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than densely populated cities. The graphic below illustrates how your location can change auto insurance prices.

The examples above illustrate why all drivers should compare prices using their specific location, instead of using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $944
• Using higher $1,000 deductibles will save $238 each year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,674
• Using low deductibles for physical damage coverage bumps up the cost to $2,144
• Drivers who are prone to accidents and violations could pay around $3,650
• Policy cost that insures a teen driver can cost $6,190 or more

View Chart as Image

Car insurance rates for a Tesla Model X also range considerably based on the trim level and model year, 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 $2,000 to $2,700 extra every year, depending on your age. Insurance for high-risk drivers can be as much as 44% to 133% more than a normal policy. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,600 a year, or $133 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 $6,100 a year. View Rates by Age

Your home state has a huge impact on Tesla Model X insurance prices. A driver around age 40 might see rates as low as $1,100 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $2,260 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $710 every year, whereas increasing 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 $414 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find Low Cost Tesla Model X Insurance

Finding cheaper rates on car insurance requires being safe and accident-free, having a positive credit history, being claim-free, and attention to physical damage deductibles. Compare prices at least once a year by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

Below you'll find a review of the primary concepts that were illustrated above.

• It is possible to save around $210 per year just by quoting online in advance
• Higher risk drivers who have several accidents or serious violations could be charged and average of $1,980 more per year than a low-risk driver
• Increasing comprehensive and collision deductibles can save approximately $700 each year
• Youthful drivers pay the highest auto insurance rates, possibly costing $516 each month if full coverage is purchased