Tesla Roadster Insurance Rates

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UPDATED: Mar 29, 2024

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Estimated insurance rates for a Tesla Roadster are $1,482 a year including full coverage. Comprehensive costs on average $314, collision costs $536, and liability coverage is estimated at $474. Liability-only coverage costs approximately $522 a year, with high-risk coverage costing around $3,206. Teenage drivers pay the most at $5,554 a year or more.

Average premium for full coverage: $1,482

Premium estimates by type of coverage:

Comprehensive $314
Collision $536
Liability $474

These estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for all Roadster models.

Insurance Price Range by Risk and Coverage

For a driver around age 40, insurance rates for a Tesla Roadster go from as low as $522 for just liability coverage to the much higher price of $3,206 for a driver who has had serious violations or accidents.

Liability Only $522
Full Coverage $1,482
High Risk $3,206

Insurance Price Range by Location

Living in a larger city has a large influence on car insurance rates. Rural areas are statistically proven to have a lower frequency of comprehensive and collision claims than densely populated cities.

The example below illustrates the difference between rural and urban areas on car insurance rates.

Rural Areas $1,112
Small Cities $1,556
Large Cities $2,001

These rate differences highlight why everyone should get quotes based on a specific location and risk profile, rather than using average rates.

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.

Detailed Rate Analysis

The chart below breaks down estimated Tesla Roadster insurance rates for different risk profiles and scenarios.

  • The best discount rate is $850
  • Choosing higher $1,000 deductibles can save around $194 every year
  • The average rate for a 40-year-old good driver with $500 deductibles is $1,482
  • Using pricier low deductibles for comp and collision coverage will increase the cost to $1,854
  • Drivers who are prone to accidents and violations could pay upwards of $3,206 or more
  • An auto insurance policy for full coverage for a teenage driver for full coverage may cost $5,554 each year

View Chart as Image

Tesla Roadster insurance cost comparison chart
Column chart showing full coverage Tesla Roadster insurance rates range from $850 to $5,554

Insurance prices for a Tesla Roadster also have a wide range based on your driving characteristics, the model of your Roadster, and policy deductibles and limits.

A more mature driver with a clean driving record and high deductibles may only pay around $1,400 annually on average, or $117 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers can expect to pay upwards of $5,500 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Tesla Roadster insurance rates. A good driver about age 40 could pay as low as $1,140 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,110 on average in Michigan, New York, and Louisiana.

Tesla Roadster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,340 -$142 -9.6%
Alaska $1,134 -$348 -23.5%
Arizona $1,228 -$254 -17.1%
Arkansas $1,482 -$0 0.0%
California $1,688 $206 13.9%
Colorado $1,416 -$66 -4.5%
Connecticut $1,522 $40 2.7%
Delaware $1,678 $196 13.2%
Florida $1,854 $372 25.1%
Georgia $1,366 -$116 -7.8%
Hawaii $1,064 -$418 -28.2%
Idaho $1,000 -$482 -32.5%
Illinois $1,104 -$378 -25.5%
Indiana $1,114 -$368 -24.8%
Iowa $1,000 -$482 -32.5%
Kansas $1,408 -$74 -5.0%
Kentucky $2,020 $538 36.3%
Louisiana $2,190 $708 47.8%
Maine $914 -$568 -38.3%
Maryland $1,222 -$260 -17.5%
Massachusetts $1,184 -$298 -20.1%
Michigan $2,574 $1,092 73.7%
Minnesota $1,238 -$244 -16.5%
Mississippi $1,774 $292 19.7%
Missouri $1,314 -$168 -11.3%
Montana $1,592 $110 7.4%
Nebraska $1,168 -$314 -21.2%
Nevada $1,776 $294 19.8%
New Hampshire $1,066 -$416 -28.1%
New Jersey $1,654 $172 11.6%
New Mexico $1,312 -$170 -11.5%
New York $1,560 $78 5.3%
North Carolina $852 -$630 -42.5%
North Dakota $1,212 -$270 -18.2%
Ohio $1,022 -$460 -31.0%
Oklahoma $1,522 $40 2.7%
Oregon $1,356 -$126 -8.5%
Pennsylvania $1,414 -$68 -4.6%
Rhode Island $1,974 $492 33.2%
South Carolina $1,342 -$140 -9.4%
South Dakota $1,250 -$232 -15.7%
Tennessee $1,296 -$186 -12.6%
Texas $1,786 $304 20.5%
Utah $1,096 -$386 -26.0%
Vermont $1,014 -$468 -31.6%
Virginia $888 -$594 -40.1%
Washington $1,146 -$336 -22.7%
West Virginia $1,358 -$124 -8.4%
Wisconsin $1,026 -$456 -30.8%
Wyoming $1,320 -$162 -10.9%

View Chart as Image

Tesla Roadster insurance rates by U.S. city

Using high physical damage deductibles can save as much as $570 a year, whereas buying more liability protection will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost up to $426 more per year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying at a minimum $1,800 to $2,400 extra annually, depending on your age. Tesla Roadster insurance for high-risk drivers ranges around 43% to 136% more than a normal policy. View High Risk Driver Rates

With such a large range in prices, the best way to figure out exactly what you will pay is to regularly compare prices and see how they stack up. Each auto insurer uses a different method to calculate prices, so the prices will be substantially different from one company to the next.

Tesla Roadster Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2011 Tesla Roadster $314 $536 $474 $1,482
2010 Tesla Roadster $296 $486 $474 $1,414
2008 Tesla Roadster $282 $426 $460 $1,326

Rates are averaged for all Tesla Roadster models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find Cheap Tesla Roadster Insurance

Finding better rates on auto insurance takes avoiding accidents and claims, maintaining good credit, refrain from filing small claims, and bundling your home and auto policies. Set aside time to compare rates every other policy renewal by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The points below are a brief summary of the ideas that were covered above.

  • Drivers under the age of 20 pay the highest prices, with the cost nearing $463 per month for full coverage
  • Drivers that tend to have accidents or serious violations may pay on average $1,720 more each year to insure a Tesla Roadster
  • Increasing policy deductibles can save around $575 each year
  • You may be able to save as much as $180 per year simply by quoting online well ahead of the renewal date

Rates by Driver Age

Tesla Roadster Insurance Rates by Driver Age
Driver Age Premium
16 $5,554
20 $3,404
30 $1,540
40 $1,482
50 $1,352
60 $1,326

Full coverage, $500 deductibles

Rates by Deductible

Tesla Roadster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,854
$250 $1,682
$500 $1,482
$1,000 $1,288

Full coverage, driver age 40

Rates by Liability Limit

Tesla Roadster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,482
50/100 $1,577
100/300 $1,695
250/500 $2,003
100 CSL $1,624
300 CSL $1,885
500 CSL $2,075

Full coverage, driver age 40

Rates for High Risk Drivers

Tesla Roadster Insurance Rates for High Risk Drivers
Age Premium
16 $7,924
20 $5,432
30 $3,274
40 $3,206
50 $3,062
60 $3,032

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.

SR-22 Surcharge $207

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $79
Multi-vehicle $79
Homeowner $23
5-yr Accident Free $108
5-yr Claim Free $97
Paid in Full/EFT $67
Advance Quote $73
Online Quote $106
Total Discounts $632
Rate after discounts $850

Discounts are estimated and may not be available from every company or in every state.

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