Tesla Model S Insurance Rates

Tesla Model S Insurance Rates

Auto insurance for a Tesla Model S will cost about $4,736 per year.

This is more than the national average for luxury sedan models by $1,659. 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. They also assume a single-car policy on a brand-new vehicle, and won't reflect any multi-car discounts.

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.

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

Tesla Model S insurance rates can also differ significantly between providers for the same coverage. If you've been with your current insurance company for more than a few years, you should get new quotes to make sure you're not overpaying. Try our Competitive Quote Tool or the form below to get free quotes to lower your insurance costs. Advertising Disclosure

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Tesla Model S Insurance Rates by Age*

Age Good Driver Recent Accident Poor Credit
17 $16,041 $23,555 $27,556
18 $14,949 $21,951 $25,680
19 $13,211 $19,399 $22,694
20 $11,519 $16,915 $19,788
21 $9,660 $14,185 $16,595
22 $9,408 $13,815 $16,162
23 $8,232 $12,088 $14,141
24 $7,821 $11,484 $13,434
25 $6,749 $9,910 $11,594
30 $5,258 $7,720 $9,031
35 $4,924 $7,230 $8,459
40 $4,736 $6,954 $8,135
45 $4,608 $6,767 $7,916
55 $4,226 $6,206 $7,260
65 $4,408 $6,473 $7,573
75 $5,564 $8,171 $9,558

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 $5,018 $7,288 $9,276
Alaska $4,150 $5,753 $5,592
Arizona $4,692 $6,783 $9,993
Arkansas $5,144 $8,083 $8,899
California $5,728 $10,129 $5,728
Colorado $5,345 $7,480 $9,491
Connecticut $6,829 $10,591 $13,443
Delaware $5,653 $7,534 $9,677
Florida $6,731 $9,312 $12,135
Georgia $5,488 $8,206 $8,274
Hawaii $2,192 $2,976 $2,192
Idaho $3,808 $5,048 $6,138
Illinois $3,986 $6,026 $6,870
Indiana $4,095 $6,261 $7,026
Iowa $3,244 $4,449 $5,231
Kansas $4,316 $6,279 $7,344
Kentucky $6,239 $9,158 $10,815
Louisiana $8,009 $12,106 $13,126
Maine $3,028 $4,186 $6,180
Maryland $4,901 $7,133 $7,922
Massachusetts $3,930 $6,856 $3,930
Michigan $9,484 $14,452 $22,796
Minnesota $3,904 $5,205 $7,330
Mississippi $4,713 $6,722 $6,766
Missouri $4,441 $6,349 $8,340
Montana $4,515 $6,300 $7,333
Nebraska $3,816 $5,644 $6,132
Nevada $6,295 $9,337 $9,863
New Hampshire $4,379 $6,924 $8,753
New Jersey $4,825 $7,569 $9,905
New Mexico $4,927 $7,329 $7,608
New York $4,564 $5,747 $9,593
North Carolina $2,829 $4,860 $3,466
North Dakota $3,871 $5,884 $6,958
Ohio $3,452 $5,324 $5,459
Oklahoma $5,512 $7,892 $8,887
Oregon $5,016 $6,730 $8,039
Pennsylvania $4,225 $6,203 $7,258
Rhode Island $7,054 $10,347 $11,652
South Carolina $4,790 $6,639 $9,164
South Dakota $4,298 $6,193 $7,146
Tennessee $5,055 $7,441 $9,909
Texas $5,091 $7,354 $9,147
Utah $4,330 $6,068 $8,350
Vermont $3,333 $5,134 $5,426
Virginia $3,140 $4,821 $4,726
Washington $4,157 $5,642 $6,737
West Virginia $4,183 $5,989 $7,504
Wisconsin $4,170 $6,509 $7,424
Wyoming $3,893 $5,450 $5,803

Tesla Model S Insurance Rankings


We've ranked over 300 models from best to worst for Insurance. See where the Tesla Model S ranks for Insurance compared to other vehicles. Also check out how the Model S stacks up in our rankings for Depreciation, Maintenance, Overall Costs.

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:


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