Tesla Roadster Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

Michelle Robbins

Licensed Insurance Agent

Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...

Licensed Insurance Agent

UPDATED: Mar 29, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Estimated auto insurance rates for a Tesla Roadster are $1,482 annually for full coverage insurance. Comprehensive insurance costs on average $314 each year, collision costs $536, and liability coverage is $474. A liability-only policy costs around $522 a year, with high-risk insurance costing $3,206 or more. Teen 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, 30/60 bodily injury liability limits, and includes medical and UM/UIM coverage. Rates include averaging for all 50 states and Roadster models.

Insurance Price Range by Risk and Coverage

For the average driver, insurance rates for a Tesla Roadster go from as cheap as $522 for just liability insurance to a high rate of $3,206 for a driver who requires high-risk insurance.

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

Insurance Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. Rural areas are statistically proven to have fewer physical damage claims than larger metro areas.

The graphic below illustrates how location impacts car insurance rates.

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

These rate differences illustrate why all drivers should compare rates quotes based on a specific location and their own personal driving habits, rather than using price averages.

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.

More Rate Details

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

  • The lowest rate with discounts is $850
  • Raising to $1,000 deductibles will save around $194 each year
  • The estimated rate for a 40-year-old good driver with $500 deductibles is $1,482
  • Choosing low deductibles costs an additional $372 each year
  • Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $3,206 or more
  • An auto insurance policy with full coverage for a teenage driver may cost $5,554

View Chart as Image

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

Auto insurance prices for a Tesla Roadster also have a wide range based on the model of your Roadster, your risk profile, and policy deductibles and limits.

More mature drivers with a good driving record and high physical damage deductibles may only pay around $1,400 every 12 months on average, or $117 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they will have to pay upwards of $5,500 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are probably paying at a minimum $1,800 to $2,400 in extra premium annually, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 136% more than average. View High Risk Driver Rates

Choosing high deductibles can reduce prices by up to $570 a year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

Where you choose to live also has a big influence on Tesla Roadster insurance rates. A middle-age driver might find prices as low as $970 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $2,000 on average in Michigan, New York, and Florida.

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

With such a large range in prices, the only way to figure out exactly what you will pay is to do a rate comparison and see how they stack up. Every auto insurance company uses a different rate calculation, and quoted prices will be substantially different between companies.

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 Buy Cheap Tesla Roadster Insurance

Finding better rates on auto insurance consists of being a good driver, having above-average credit, paying for small claims out-of-pocket, and taking advantage of discounts. Spend time shopping around at every other renewal by requesting rates from direct insurance companies, and also from local exclusive and independent agents.

The following list is a brief summary of the concepts that were touched on above.

  • Drivers that tend to have accidents or serious violations may pay on average $1,720 more each year than a safer driver
  • Drivers age 16 to 20 are charged the highest prices, with premiums being up to $463 per month if full coverage is included
  • It is possible to save as much as $180 per year simply by quoting online in advance
  • Increasing policy deductibles could save up to $575 each year
  • It is possible to save as much as $180 per year simply by quoting online in advance

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.

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles