Tesla Model X Insurance Rates

U.S. average insurance rates for a Tesla Model X are $1,762 a year including full coverage. Comprehensive costs approximately $386 a year, collision insurance costs $758, and liability costs $460. A policy with just liability insurance costs as little as $510 a year, and coverage for high-risk drivers costs around $3,840. 16-year-old drivers pay the highest rates at up to $6,466 a year.

Average premium for full coverage: $1,762

Price estimates by individual coverage:

Prices include $500 policy deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and Model X trim levels.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on car insurance prices. Rural locations have a lower frequency of comprehensive and collision claims than congested cities. The diagram below illustrates the effect of geographic area on auto insurance prices.

The ranges above highlight why it is important to compare rates using their specific location and risk profile, instead of using rate averages.

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

Detailed Rate Analysis

The chart below breaks down average Tesla Model X insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $987
• Drivers who choose higher $1,000 deductibles will pay $1,504 every year
• The average rate for the average middle-age driver who chooses $500 deductibles is $1,762
• Buying low $100 deductibles for comprehensive and collision insurance will increase the cost to $2,268
• Higher-risk drivers with multiple tickets or accidents could pay around $3,840
• The price for full coverage for a teen driver can cost $6,466 a year

View Chart as Image

Insurance prices for a Tesla Model X are also quite variable based on your driving record, the model of your Model X, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high deductibles may pay as little as $1,600 per year on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay in the ballpark of $6,400 a year. View Rates by Age

The state you live in makes a big difference in Tesla Model X insurance prices. A 40-year-old driver could pay as low as $1,350 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,510 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $770 every year, while buying higher liability limits will push prices upward. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying anywhere from $2,100 to $2,900 extra each year, depending on your age. A high-risk auto insurance policy can cost as much as 45% to 133% more than the average rate. View High Risk Driver Rates

How to Find the Right Tesla Model X Insurance

Getting lower rates on car insurance not only requires being safe and accident-free, but also maintaining good credit, being claim-free, and possibly raising deductibles. Take the time to compare rates every couple of years by requesting rates from direct car insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

Below you'll find a quick rundown of the material that was covered in the above illustrations.

• Policyholders who purchase more liability protection will pay around $510 per year to go from a low limit to 250/500 limits
• Youthful drivers are expensive to insure, possibly costing $539 a month for full coverage
• Higher risk drivers with reckless driving or DUI convictions could be forced to pay on average $2,080 more per year than a low-risk driver
• Increasing physical damage deductibles can save around $775 each year