Tesla Roadster Insurance Rates

The average insurance rates for a Tesla Roadster are $1,414 a year for full coverage. Comprehensive costs around $296 a year, collision insurance costs $486, and liability costs $474. Liability-only coverage costs as little as $522 a year, and high-risk coverage costs around $3,054. Teenage drivers cost the most to insure at up to $5,332 a year.

Average premium for full coverage: $1,414

Policy rates for type of insurance:

Rates are based on $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all states and Roadster trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above show why it is important to compare rates for a specific zip code, 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 shows average Tesla Roadster insurance rates for additional coverage choices and driver risks.

• The best discount rate is $818
• Drivers who choose higher $1,000 deductibles will pay about $1,236 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,414
• Using low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,756
• Higher-risk drivers who are prone to accidents and violations could pay at least $3,054
• Policy cost that insures a teen driver can be $5,332 a year

View Chart as Image

Insurance rates for a Tesla Roadster also range considerably based on the trim level of your Roadster, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay as much as $5,300 a year. View Rates by Age

Your home state makes a big difference in Tesla Roadster insurance prices. A 40-year-old driver could pay as low as $930 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $2,020 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could save up to $520 every year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

How to Find the Best Cheap Tesla Roadster Insurance

Finding cheaper rates on car insurance not only requires avoiding accidents and violations, but also having a good credit score, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Compare prices at every other renewal by quoting rates from direct carriers, and also from several local insurance agents.

The list below is a quick review of the concepts that were covered above.

• Higher risk drivers with a DUI or reckless driving violation pay on average $1,640 more every year for car insurance
• Teenagers are charged the highest rates, costing up to $444 each month if comprehensive and collision insurance is included
• Drivers can save up to $170 per year just by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• Drivers can save up to $170 per year just by quoting early and online