Tesla Model X Insurance Rates

The average insurance prices for a Tesla Model X are $1,674 every 12 months with full coverage. Comprehensive insurance costs around $360 a year, collision insurance costs $696, and liability is $460. A liability-only policy costs around $510 a year, and high-risk insurance costs $3,650 or more. Teen drivers cost the most to insure at up to $6,190 a year.

Average premium for full coverage: $1,674

Policy rates for type of insurance:

Estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and Model X trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on insurance rates. Areas with sparse population are shown to have more infrequent collision claims than larger metro areas. The diagram below illustrates how where you live affects auto insurance rates.

The examples above demonstrate why it is important to compare rates quotes for a specific zip code and their own driving history, instead of using price averages.

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

Additional Charts and Tables

The chart below details average Tesla Model X insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $944
• Raising to $1,000 deductibles will save about $1,436 annually
• The average price for a good driver age 40 using $500 deductibles is $1,674
• Choosing low $100 deductibles costs an extra $470 every year
• At-risk drivers with multiple violations and an at-fault accident could pay at least $3,650
• Policy cost to insure a teen driver can be $6,190

View Chart as Image

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

Choosing high deductibles can reduce rates by up to $710 every year, while buying higher liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $414 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as little as $1,600 every 12 months on average, or $133 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will be charged as much as $6,100 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 at least $2,000 to $2,700 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 44% to 133% more than average. View High Risk Driver Rates

Your home state also has a big influence on Tesla Model X insurance prices. A middle-age driver might find rates as low as $1,210 a year in states like New Hampshire, Ohio, and Utah, or as much as $2,260 on average in Florida, Michigan, and New York.

View Chart as Image

How to Shop for Low Cost Tesla Model X Insurance

Finding cheaper rates on car insurance consists of being safe and accident-free, maintaining a good credit score, not filing small claims, and consideration of higher deductibles. Take the time to comparison shop at every other renewal by getting quotes from direct companies, and also from several local insurance agents.

Below you'll find a review of the concepts that were touched on in the above illustrations.

• Higher risk drivers who have several accidents or serious violations pay on average $1,980 more every year than a low-risk driver
• Youthful drivers are the costliest to insure, as much as $516 each month if the policy includes full coverage
• You may be able to save up to $210 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $700 each year
• You may be able to save up to $210 per year just by quoting early and online