Tesla Model X Insurance Rates

The average insurance rates for a Tesla Model X are $1,674 a year with full coverage. Comprehensive costs around $360 each year, collision insurance costs $696, and liability insurance costs around $460. Liability-only insurance costs as low as $510 a year, and high-risk driver 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 for type of insurance:

Price estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. 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 significant impact on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than densely populated cities. 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 risk profile, rather than relying on average rates.

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

More Rate Information

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

• The best discount rate is $944
• Using higher $1,000 deductibles will save about $238 annually
• The average rate for a good driver age 40 using $500 deductibles is $1,674
• Using low deductibles for physical damage coverage will increase the cost to $2,144
• Drivers who are prone to accidents and violations could pay at least $3,650
• Policy cost for full coverage for a teen driver can be $6,190 or more

View Chart as Image

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

More mature drivers with a good driving record and high deductibles could pay as little as $1,600 a year, or $133 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay as much as $6,100 a year. View Rates by Age

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 be forced to pay as much as $2,260 on average in Florida, Michigan, and New York.

View Chart as Image

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

If you have a few points on your driving record or tend to cause accidents, 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 anywhere from 44% to 133% more than a normal policy. View High Risk Driver Rates

How to Find Cheaper Tesla Model X Insurance

Finding cheaper rates on Tesla Model X insurance requires being safe and accident-free, having good credit, not filing small claims, and possibly raising deductibles. Invest time comparing rates at least once a year by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below you'll find a condensed summary of the primary concepts that were covered in the charts and tables above.

• You may be able to save up to $210 per year just by quoting online in advance
• High-risk drivers with multiple at-fault accidents pay an average of $1,980 more every year than a low-risk driver
• Increasing comprehensive and collision deductibles can save around $700 each year
• Youthful drivers are expensive to insure, as much as $516 each month if they have full coverage