Tesla Roadster Insurance Rates

The average insurance prices for a Tesla Roadster are $1,482 every 12 months with full coverage. Comprehensive insurance costs an estimated $314 a year, collision insurance costs $536, and liability costs around $474. A liability-only policy costs as low as $522 a year, and high-risk insurance costs $3,206 or more. 16-year-old drivers cost the most to insure at up to $5,554 a year.

Average premium for full coverage: $1,482

Policy rates broken down by type of insurance:

Prices are based on $500 deductibles, 30/60 split liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all U.S. states and Roadster trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance rates. More rural locations are shown to have more infrequent collision claims than congested cities. The diagram below illustrates how your location can change insurance prices.

The examples above demonstrate why it is important to compare prices for a targeted area and their own driving history, instead of making a decision based on rate averages.

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

More Rate Details

The chart below details average Tesla Roadster insurance rates for other coverage scenarios.

• The best full coverage rate is $850
• Using higher $1,000 deductibles will save approximately $1,288 annually
• The average price for a good driver age 40 who has $500 deductibles is $1,482
• Buying low $100 deductibles for physical damage coverage costs an extra $372 annually
• High-risk insureds with multiple tickets or accidents could pay up to $3,206
• Policy cost to insure a 16-year-old driver can cost as much as $5,554 or more

View Chart as Image

Car insurance rates for a Tesla Roadster also range considerably based on liability limits and deductibles, your driving record, and the model year and trim level.

Opting for high physical damage deductibles could cut rates by as much as $570 annually, while buying higher liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as low as $1,400 a year, or $117 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will be charged at least $5,500 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out $1,800 to $2,400 extra every year, depending on your age. A high-risk auto insurance policy can be from 43% to 136% more than the average rate. View High Risk Driver Rates

Your home state has a huge impact on Tesla Roadster insurance prices. A driver around age 40 might see rates as low as $1,070 a year in states like Utah, Ohio, and New Hampshire, or at least $2,000 on average in New York, Michigan, and Florida.

View Chart as Image

How to Shop for Affordable Tesla Roadster Insurance

Finding cheaper rates on insurance for a Tesla Roadster requires not taking risks behind the wheel, maintaining a good credit score, not filing small claims, and possibly higher deductibles. Invest the time to shop around at least every other year by obtaining price quotes from direct companies, and also from your local independent and exclusive agents.

The following is a brief review of the car insurance concepts illustrated above.

• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,720 more annually for Roadster insurance
• You may be able to save approximately $180 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $575 each year
• Insureds who want higher liability limits will pay around $520 every year to increase from a 30/60 limit to a 250/500 level