Tesla Model X Insurance Rates

Estimated insurance prices for a Tesla Model X are $1,674 every 12 months for full coverage. Comprehensive costs an estimated $360 each year, collision insurance costs $696, and liability costs around $460. A policy with only liability insurance costs as low as $510 a year, and a high-risk policy costs around $3,650. Teenage drivers pay the most at up to $6,190 a year.

Average premium for full coverage: $1,674

Premium estimates broken down by type of coverage:

These estimates include $500 deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all states and Model X models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on insurance rates. More rural locations are statistically proven to have more infrequent accident claims than densely populated cities. The graphic below illustrates how location impacts insurance prices.

These rate differences show why all drivers should compare prices for a targeted area and their own driving history, instead of using average rates.

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

Additional Charts and Tables

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

• The best discount rate is $944
• Using higher $1,000 deductibles will save approximately $238 a year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,674
• Using low deductibles for physical damage coverage increases the price to $2,144
• Drivers who are prone to accidents and violations could pay up to $3,650
• An auto insurance policy to insure a teen driver can cost as much as $6,190 or more

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Car insurance prices for a Tesla Model X also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the model year and trim level.

Using high physical damage deductibles could cut prices by as much as $710 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost up to $414 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may pay as little as $1,600 a year, or $133 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will be charged at least $6,100 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying $2,000 to $2,700 extra annually, 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

Where you choose to live has a huge impact on Tesla Model X insurance prices. A driver around age 40 might see prices as low as $1,100 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,390 on average in New York, Louisiana, and Michigan.

View Chart as Image

How to Shop for Cheap Tesla Model X Insurance

Finding better rates on car insurance requires not taking risks behind the wheel, maintaining a good credit score, not filing small claims, and possibly higher deductibles. Spend time shopping around at least every other year by requesting quotes from direct carriers, and also from several local insurance agents.

The following is a brief summary of the car insurance concepts touched on above.

• Higher risk drivers that tend to have accidents or serious violations pay on average $1,980 more annually for Model X insurance
• Drivers can save approximately $210 per year just by quoting online in advance
• Increasing policy deductibles could save as much as $700 each year
• Policyholders who want higher liability limits will pay an extra $510 each year to increase from 30/60 bodily injury limits to a 250/500 level