Tesla Model S Insurance Cost

Auto insurance for a Tesla Model S will cost about $3,268 per year.

This is more than the national average for luxury sedan models by $1,201. Our car insurance comparison study assumes a 40 year old good driver with full coverage and good credit that drives around 13,000 miles per year.

Auto insurance premiums vary a great deal by age, state, insurance company and mileage. Factors such as recent accidents, traffic violations, credit history also impact these rates. The following chart illustrates how some of these scenarios affect the cost of car insurance for a Tesla Model S. Visit our Competitive Quote Tool to see if you can find lower rates for a Model S.

Good Driver and Credit
Recent At-Fault Accident
Poor Credit Rating

These Tesla Model S insurance cost estimates are a result of our ongoing nationwide research and analysis, but they are only averages. We recommend that you let our trusted insurance partners do the shopping for you using our Competitive Quote Tool. While it's free to use, we do receive a small commission if you find a better deal.

Tesla Model S Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $11,070 $16,488 $19,491
18 $10,316 $15,366 $18,164
19 $9,117 $13,579 $16,052
20 $7,949 $11,840 $13,997
21 $6,666 $9,929 $11,738
22 $6,492 $9,670 $11,431
23 $5,681 $8,461 $10,002
24 $5,397 $8,038 $9,502
25 $4,657 $6,937 $8,200
30 $3,628 $5,404 $6,388
35 $3,398 $5,061 $5,983
40 $3,268 $4,868 $5,754
45 $3,180 $4,737 $5,599
55 $2,916 $4,344 $5,135
65 $3,042 $4,531 $5,356
75 $3,840 $5,719 $6,761

Tesla Model S car insurance premiums can cost a lot more or less depending on where you live. Rates are more expensive in Michigan because they mandate much higher coverage levels. California, Hawaii and Massachusetts don't allow providers to adjust rates based on credit. These figures also do not include the potential discounts on a multi-vehicle policy. Those can provide significant savings to a household full of drivers. The table below is a breakdown of how these factors can affect Tesla Model S by state.

Tesla Model S Insurance Rates by State

State Good Driver Recent Accident Poor Credit
Alabama $3,463 $4,850 $6,070
Alaska $2,864 $4,171 $4,371
Arizona $3,238 $5,023 $7,162
Arkansas $3,550 $5,377 $6,015
California $3,953 $6,913 $3,953
Colorado $3,688 $5,106 $6,370
Connecticut $4,712 $7,286 $9,332
Delaware $3,901 $5,371 $7,131
Florida $4,645 $6,309 $8,225
Georgia $3,787 $5,837 $5,988
Hawaii $1,513 $2,088 $1,513
Idaho $2,628 $3,537 $4,403
Illinois $2,751 $4,066 $4,716
Indiana $2,826 $4,417 $5,154
Iowa $2,239 $3,358 $3,913
Kansas $2,978 $4,385 $5,194
Kentucky $4,305 $6,476 $7,616
Louisiana $5,527 $8,446 $9,094
Maine $2,090 $2,803 $4,090
Maryland $3,382 $4,959 $5,856
Massachusetts $2,712 $4,587 $2,712
Michigan $6,545 $9,839 $15,128
Minnesota $2,694 $3,619 $5,357
Mississippi $3,252 $4,912 $5,189
Missouri $3,064 $4,220 $5,458
Montana $3,116 $4,875 $5,377
Nebraska $2,634 $3,728 $4,241
Nevada $4,344 $6,557 $7,194
New Hampshire $3,022 $4,870 $6,202
New Jersey $3,329 $5,249 $6,771
New Mexico $3,400 $4,892 $5,494
New York $3,149 $4,101 $6,620
North Carolina $1,952 $3,152 $2,429
North Dakota $2,671 $4,112 $5,220
Ohio $2,382 $3,896 $4,036
Oklahoma $3,804 $5,711 $6,478
Oregon $3,461 $5,228 $5,997
Pennsylvania $2,916 $4,409 $5,060
Rhode Island $4,868 $7,470 $8,543
South Carolina $3,306 $4,784 $6,826
South Dakota $2,966 $4,081 $4,896
Tennessee $3,488 $5,218 $6,583
Texas $3,513 $5,170 $6,490
Utah $2,988 $4,321 $5,960
Vermont $2,300 $3,678 $4,021
Virginia $2,167 $3,263 $3,467
Washington $2,869 $4,310 $5,082
West Virginia $2,887 $4,203 $5,191
Wisconsin $2,877 $4,201 $5,102
Wyoming $2,686 $3,947 $4,413

Other Tesla Model S Costs of Ownership

Finding a car or truck that saves on insurance costs is important. But, it's also imperative to view all major Tesla Model S costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: