Tesla Model Y Insurance Cost

Auto insurance for a Tesla Model Y will cost about $2,375 per year.

This is more than the national average for luxury SUV models by $481. 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 Y.

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

Tesla Model Y 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 Y Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $8,044 $11,812 $13,818
18 $7,497 $11,008 $12,878
19 $6,625 $9,728 $11,381
20 $5,777 $8,482 $9,923
21 $4,844 $7,113 $8,322
22 $4,718 $6,928 $8,105
23 $4,128 $6,062 $7,091
24 $3,922 $5,759 $6,737
25 $3,384 $4,970 $5,814
30 $2,637 $3,871 $4,529
35 $2,469 $3,626 $4,242
40 $2,375 $3,487 $4,079
45 $2,311 $3,393 $3,970
55 $2,119 $3,112 $3,641
65 $2,211 $3,246 $3,798
75 $2,790 $4,097 $4,793

Tesla Model Y 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 Y by state.

Tesla Model Y Insurance Rates by State

State Good Driver Recent Accident Poor Credit
Alabama $2,516 $3,655 $4,652
Alaska $2,081 $2,885 $2,804
Arizona $2,353 $3,401 $5,011
Arkansas $2,580 $4,053 $4,463
California $2,872 $5,079 $2,872
Colorado $2,680 $3,751 $4,759
Connecticut $3,424 $5,311 $6,741
Delaware $2,835 $3,778 $4,853
Florida $3,375 $4,670 $6,085
Georgia $2,752 $4,115 $4,149
Hawaii $1,099 $1,492 $1,099
Idaho $1,910 $2,532 $3,078
Illinois $1,999 $3,022 $3,445
Indiana $2,054 $3,140 $3,523
Iowa $1,627 $2,231 $2,623
Kansas $2,164 $3,149 $3,683
Kentucky $3,128 $4,592 $5,423
Louisiana $4,016 $6,071 $6,582
Maine $1,519 $2,099 $3,099
Maryland $2,458 $3,577 $3,973
Massachusetts $1,971 $3,438 $1,971
Michigan $4,756 $7,247 $11,431
Minnesota $1,958 $2,610 $3,676
Mississippi $2,363 $3,371 $3,393
Missouri $2,227 $3,184 $4,182
Montana $2,264 $3,159 $3,677
Nebraska $1,914 $2,830 $3,075
Nevada $3,157 $4,682 $4,946
New Hampshire $2,196 $3,472 $4,390
New Jersey $2,419 $3,796 $4,967
New Mexico $2,471 $3,675 $3,815
New York $2,289 $2,882 $4,810
North Carolina $1,419 $2,437 $1,738
North Dakota $1,941 $2,951 $3,489
Ohio $1,731 $2,670 $2,738
Oklahoma $2,764 $3,958 $4,456
Oregon $2,515 $3,375 $4,031
Pennsylvania $2,119 $3,111 $3,640
Rhode Island $3,537 $5,189 $5,843
South Carolina $2,402 $3,329 $4,595
South Dakota $2,155 $3,106 $3,584
Tennessee $2,535 $3,732 $4,969
Texas $2,553 $3,688 $4,587
Utah $2,171 $3,043 $4,187
Vermont $1,672 $2,574 $2,721
Virginia $1,575 $2,418 $2,370
Washington $2,085 $2,829 $3,378
West Virginia $2,098 $3,004 $3,763
Wisconsin $2,091 $3,264 $3,723
Wyoming $1,952 $2,733 $2,910

Tesla Model Y Insurance Rankings

Insurance Rankings

We've ranked over 200 models from best to worst for Insurance. See where the Tesla Model Y ranks for Insurance compared to other vehicles. Also check out how the Model Y stacks up in our rankings for Depreciation, Maintenance, Overall Costs.

Insurance Rankings

Other Tesla Model Y 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 Y 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: