Tesla Model X Insurance Rates

U.S. average insurance prices for a Tesla Model X are $1,674 every 12 months for full coverage insurance. Comprehensive costs approximately $360 each year, collision insurance costs $696, and liability costs around $460. A policy with just liability insurance costs as low as $510 a year, and coverage for high-risk drivers costs around $3,650. Teenage drivers pay the highest rates at up to $6,190 a year.

Average premium for full coverage: $1,674

Price estimates by individual coverage:

Prices include $500 deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 states and Model X models.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on the price of auto insurance. Rural locations have more infrequent physical damage claims than densely populated cities. The graphic below illustrates the effect of geographic area on auto insurance prices.

The ranges above illustrate why all drivers should compare prices using their specific location and their own driving history, instead of using average rates.

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

More Rate Information

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

• The best discount rate is $944
• Using higher $1,000 deductibles will save $238 each year
• The average price for the average middle-age driver who chooses $500 deductibles is $1,674
• Using low deductibles for physical damage coverage increases the price to $2,144
• Drivers who are prone to accidents and violations could pay around $3,650
• The price to insure a teen driver can cost $6,190 or more

View Chart as Image

Insurance prices for a Tesla Model X are also quite variable based on deductibles and policy limits, your risk profile, and the model of your Model X.

Using high physical damage deductibles could cut prices by as much as $710 every year, whereas increasing liability limits will push prices upward. Switching from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may pay as little as $1,600 a year for full coverage. Prices are much higher for teenage drivers, since even excellent drivers can expect to pay in the ballpark of $6,100 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are probably paying anywhere from $2,000 to $2,700 extra each year, depending on your age. Insurance for high-risk drivers can be as much as 44% to 133% more than a normal policy. View High Risk Driver Rates

The state you live in has a huge impact on Tesla Model X insurance prices. A driver around age 40 might see prices as low as $1,100 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $2,260 on average in Florida, New York, and Michigan.

View Chart as Image

How to Shop for the Right Tesla Model X Insurance

Getting lower rates on car insurance requires not taking risks behind the wheel, having good credit, not filing small claims, and possibly raising deductibles. Take the time to compare rates at least once a year by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following is a quick rundown of the primary concepts that were covered in the above illustrations.

• It is possible to save around $210 per year just by quoting online in advance
• Higher risk drivers with reckless driving or DUI convictions may have to pay on average $1,980 more per year for Model X insurance
• Increasing physical damage deductibles could save as much as $700 each year
• Teens are expensive to insure, as much as $516 a month if they have full coverage