Tesla Model S Insurance Cost

Auto insurance for a Tesla Model S will cost about $2,488 per year.

This is more than the national average for luxury sedan models by $594. 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

Tesla Model S Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $8,429 $12,377 $14,479
18 $7,855 $11,534 $13,493
19 $6,942 $10,193 $11,925
20 $6,053 $8,888 $10,398
21 $5,076 $7,453 $8,719
22 $4,943 $7,259 $8,492
23 $4,326 $6,351 $7,430
24 $4,109 $6,034 $7,059
25 $3,546 $5,207 $6,092
30 $2,762 $4,056 $4,745
35 $2,587 $3,799 $4,444
40 $2,488 $3,654 $4,274
45 $2,421 $3,556 $4,159
55 $2,221 $3,261 $3,815
65 $2,316 $3,401 $3,979
75 $2,924 $4,293 $5,022

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 $2,637 $3,829 $4,874
Alaska $2,181 $3,023 $2,938
Arizona $2,465 $3,564 $5,251
Arkansas $2,703 $4,247 $4,676
California $3,010 $5,322 $3,010
Colorado $2,808 $3,930 $4,987
Connecticut $3,588 $5,565 $7,064
Delaware $2,970 $3,959 $5,085
Florida $3,537 $4,893 $6,376
Georgia $2,883 $4,312 $4,347
Hawaii $1,152 $1,564 $1,152
Idaho $2,001 $2,653 $3,225
Illinois $2,095 $3,166 $3,610
Indiana $2,152 $3,290 $3,692
Iowa $1,704 $2,337 $2,749
Kansas $2,268 $3,299 $3,859
Kentucky $3,278 $4,812 $5,682
Louisiana $4,208 $6,361 $6,897
Maine $1,591 $2,200 $3,247
Maryland $2,575 $3,748 $4,163
Massachusetts $2,065 $3,602 $2,065
Michigan $4,983 $7,594 $11,978
Minnesota $2,051 $2,735 $3,851
Mississippi $2,476 $3,532 $3,555
Missouri $2,333 $3,336 $4,382
Montana $2,372 $3,310 $3,853
Nebraska $2,005 $2,966 $3,222
Nevada $3,308 $4,906 $5,183
New Hampshire $2,301 $3,638 $4,599
New Jersey $2,535 $3,977 $5,204
New Mexico $2,589 $3,851 $3,997
New York $2,398 $3,020 $5,040
North Carolina $1,486 $2,554 $1,821
North Dakota $2,034 $3,092 $3,656
Ohio $1,814 $2,797 $2,868
Oklahoma $2,896 $4,147 $4,669
Oregon $2,636 $3,536 $4,224
Pennsylvania $2,220 $3,260 $3,814
Rhode Island $3,707 $5,437 $6,122
South Carolina $2,517 $3,488 $4,815
South Dakota $2,258 $3,254 $3,755
Tennessee $2,656 $3,910 $5,207
Texas $2,675 $3,864 $4,806
Utah $2,275 $3,188 $4,387
Vermont $1,751 $2,697 $2,851
Virginia $1,650 $2,533 $2,483
Washington $2,184 $2,965 $3,540
West Virginia $2,198 $3,147 $3,943
Wisconsin $2,191 $3,420 $3,901
Wyoming $2,045 $2,863 $3,049

Tesla Model S Insurance Rankings

Insurance Rankings

We've ranked over 200 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.

Insurance Rankings

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: