Tesla Model X Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
Licensed Insurance Agent
UPDATED: Mar 30, 2024
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.
The average insurance prices for a Tesla Model X are $1,762 every 12 months for full coverage insurance. Comprehensive costs approximately $386 each year, collision insurance costs $758, and liability insurance costs around $460. Liability-only insurance costs as low as $510 a year, and high-risk driver insurance costs around $3,840. Teens cost the most to insure at up to $6,466 a year.
Average premium for full coverage: $1,762
Policy rates by type of insurance:
Price estimates include $500 physical damage insurance deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and Model X models.
Price Range Variability
Using a middle-aged driver as an example, Tesla Model X insurance rates range from the cheapest price of $510 for your basic liability-only policy to a high rate of $3,840 for a driver required to buy high-risk insurance.
Urban vs. Rural Price Range
Where you live has a significant impact on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than cities with more traffic congestion. The graphic below illustrates how where you live affects auto insurance prices.
The examples above illustrate why all drivers should compare prices using their specific location and their own driving history, rather than relying on averaged prices.
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.
More Rate Information
The chart below illustrates average Tesla Model X insurance rates for additional coverage and risk scenarios.
- The cheapest rate after discounts is $987
- Using higher $1,000 deductibles will save $258 each year
- The average price for a good driver age 40 who chooses $500 deductibles is $1,762
- Selecting low deductibles for physical damage coverage increases the price to $2,268
- Drivers with serious driving violations could pay around $3,840
- Policy cost to insure a teen driver can cost $6,466 or more
Auto insurance rates for a Tesla Model X also range considerably based on liability limits and deductibles, your risk profile, and the model of your Model X.
Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $770 each year, whereas increasing liability limits will push rates upward. Switching 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 could pay as little as $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 in the ballpark of $6,400 a year. View Rates by Age
If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $2,100 to $2,900 in extra premium every year, depending on your age. Insurance for high-risk drivers can be anywhere from 45% 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 $1,150 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $2,380 on average in Florida, New York, and Michigan.
State | Premium | Compared to U.S. Avg | Percent Difference |
---|---|---|---|
Alabama | $1,592 | -$170 | -9.6% |
Alaska | $1,350 | -$412 | -23.4% |
Arizona | $1,462 | -$300 | -17.0% |
Arkansas | $1,762 | -$0 | 0.0% |
California | $2,008 | $246 | 14.0% |
Colorado | $1,684 | -$78 | -4.4% |
Connecticut | $1,810 | $48 | 2.7% |
Delaware | $1,994 | $232 | 13.2% |
Florida | $2,204 | $442 | 25.1% |
Georgia | $1,626 | -$136 | -7.7% |
Hawaii | $1,264 | -$498 | -28.3% |
Idaho | $1,194 | -$568 | -32.2% |
Illinois | $1,312 | -$450 | -25.5% |
Indiana | $1,326 | -$436 | -24.7% |
Iowa | $1,188 | -$574 | -32.6% |
Kansas | $1,674 | -$88 | -5.0% |
Kentucky | $2,404 | $642 | 36.4% |
Louisiana | $2,606 | $844 | 47.9% |
Maine | $1,088 | -$674 | -38.3% |
Maryland | $1,454 | -$308 | -17.5% |
Massachusetts | $1,410 | -$352 | -20.0% |
Michigan | $3,060 | $1,298 | 73.7% |
Minnesota | $1,474 | -$288 | -16.3% |
Mississippi | $2,110 | $348 | 19.8% |
Missouri | $1,562 | -$200 | -11.4% |
Montana | $1,892 | $130 | 7.4% |
Nebraska | $1,390 | -$372 | -21.1% |
Nevada | $2,112 | $350 | 19.9% |
New Hampshire | $1,270 | -$492 | -27.9% |
New Jersey | $1,968 | $206 | 11.7% |
New Mexico | $1,562 | -$200 | -11.4% |
New York | $1,856 | $94 | 5.3% |
North Carolina | $1,014 | -$748 | -42.5% |
North Dakota | $1,442 | -$320 | -18.2% |
Ohio | $1,216 | -$546 | -31.0% |
Oklahoma | $1,810 | $48 | 2.7% |
Oregon | $1,614 | -$148 | -8.4% |
Pennsylvania | $1,680 | -$82 | -4.7% |
Rhode Island | $2,350 | $588 | 33.4% |
South Carolina | $1,596 | -$166 | -9.4% |
South Dakota | $1,488 | -$274 | -15.6% |
Tennessee | $1,544 | -$218 | -12.4% |
Texas | $2,122 | $360 | 20.4% |
Utah | $1,304 | -$458 | -26.0% |
Vermont | $1,206 | -$556 | -31.6% |
Virginia | $1,056 | -$706 | -40.1% |
Washington | $1,362 | -$400 | -22.7% |
West Virginia | $1,614 | -$148 | -8.4% |
Wisconsin | $1,218 | -$544 | -30.9% |
Wyoming | $1,570 | -$192 | -10.9% |
Model Year | Comprehensive | Collision | Liability | Total Premium |
---|---|---|---|---|
2024 Tesla Model X | $516 | $1,080 | $390 | $2,144 |
2023 Tesla Model X | $494 | $1,072 | $398 | $2,122 |
2022 Tesla Model X | $478 | $1,046 | $416 | $2,098 |
2021 Tesla Model X | $462 | $1,002 | $430 | $2,052 |
2020 Tesla Model X | $436 | $966 | $442 | $2,002 |
2019 Tesla Model X | $420 | $898 | $452 | $1,928 |
2018 Tesla Model X | $402 | $844 | $456 | $1,860 |
2017 Tesla Model X | $386 | $758 | $460 | $1,762 |
2016 Tesla Model X | $360 | $696 | $460 | $1,674 |
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 Shop for Cheaper Tesla Model X Insurance
Finding cheaper rates on Tesla Model X insurance requires being a low-risk driver, having a good credit score, being claim-free, and possibly higher deductibles. Take the time to comparison shop at every policy renewal by requesting quotes from direct insurance companies, and also from local insurance agencies.
The items below are a condensed summary of the data touched on in the above illustrations.
- Drivers who purchase more liability coverage will pay approximately $510 annually to increase from a 30/60 limit to a 250/500 level
- It is possible to save around $220 per year just by quoting online in advance
- Increasing comprehensive and collision deductibles could save as much as $775 each year
- Teen drivers have the highest car insurance rates, possibly costing $539 each month if comprehensive and collision insurance is included
Rate Tables and Charts
Rates by Driver Age
Driver Age | Premium |
---|---|
16 | $6,466 |
20 | $4,090 |
30 | $1,848 |
40 | $1,762 |
50 | $1,606 |
60 | $1,578 |
Full coverage, $500 deductibles
Rates by Deductible
Deductible | Premium |
---|---|
$100 | $2,268 |
$250 | $2,032 |
$500 | $1,762 |
$1,000 | $1,504 |
Full coverage, driver age 40
Rates by Liability Limit
Liability Limit | Premium |
---|---|
30/60 | $1,762 |
50/100 | $1,854 |
100/300 | $1,969 |
250/500 | $2,268 |
100 CSL | $1,900 |
300 CSL | $2,153 |
500 CSL | $2,337 |
Full coverage, driver age 40
Rates for High Risk Drivers
Age | Premium |
---|---|
16 | $9,278 |
20 | $6,520 |
30 | $3,936 |
40 | $3,840 |
50 | $3,666 |
60 | $3,636 |
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.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
Discount | Savings |
---|---|
Multi-policy | $96 |
Multi-vehicle | $94 |
Homeowner | $25 |
5-yr Accident Free | $138 |
5-yr Claim Free | $117 |
Paid in Full/EFT | $86 |
Advance Quote | $91 |
Online Quote | $128 |
Total Discounts | $775 |
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