Tesla Model X Insurance Rates

Average auto insurance rates for a Tesla Model X are $1,674 annually for full coverage. Comprehensive costs around $360 a year, collision insurance costs $696, and liability coverage costs around $460. Liability-only coverage costs as low as $510 a year, and high-risk coverage costs around $3,650. Teenage drivers receive the highest rates at up to $6,190 a year.

Average premium for full coverage: $1,674

Rate estimates for individual coverage type:

Prices include $500 policy deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and Model X trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on auto insurance rates. Areas with sparse population tend to have fewer accident claims than densely populated cities. The diagram below illustrates how rural and urban location affects auto insurance rates.

These examples show why it is important to compare prices for a specific zip code and their own personal driving habits, rather than 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 additional coverage choices and driver risks.

• The best discount rate is $944
• Using higher $1,000 deductibles will save about $1,436 a year
• The estimated rate for a 40-year-old driver using $500 deductibles is $1,674
• Using low $100 deductibles for physical damage coverage will cost $2,144
• Higher-risk drivers who are prone to accidents and violations could pay at least $3,650
• The cost with full coverage for a teenage driver can be $6,190 or more

View Chart as Image

Car insurance rates for a Tesla Model X can also vary considerably based on the trim level of your Model X, your driver profile, and deductibles and policy limits.

Older drivers with no driving violations and high physical damage deductibles may only pay around $1,600 a year for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will be charged as much as $6,100 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying at least $2,000 to $2,700 extra per year, depending on your age. A high-risk auto insurance policy can be around 44% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $710 a year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $414 extra every 12 months. View Rates by Deductible or Liability Limit

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

View Chart as Image

How to Buy the Right Tesla Model X Insurance

Saving money on auto insurance requires being safe and accident-free, having a good credit score, eliminating unneeded coverage, and consideration of higher deductibles. Set aside time to shop around at least once a year by getting quotes from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

Below you'll find a quick rundown of the primary concepts that were raised in the charts and tables above.

• Drivers can save up to $210 per year just by quoting early and online
• Drivers with reckless driving or DUI convictions pay an average of $1,980 more every year than a low-risk driver
• Increasing deductibles could save up to $700 each year
• Youthful drivers are the costliest to insure, costing as high as $516 per month if comprehensive and collision insurance is included