+120 more)
)
Kat Tretina is a personal finance writer for Compare.com, specializing in insurance and debt management. For the past seven years, she’s been writing for several notable personal finance publications, including U.S News & World Report, NerdWallet, Forbes, Yahoo! Finance, Fortune, and more. She’s passionate about using her expertise to help people understand their financial options.
Kat earned her bachelor’s degree in English and Communications from Elizabethtown College and her master’s from West Chester University. She also holds certifications in financial education and student loan counseling.
Kat has been writing for Compare.com since 2025.
)
Nick Versaw leads Compare.com's editorial department, where he and his team specialize in crafting helpful, easy-to-understand content about car insurance and other related topics. With nearly a decade of experience writing and editing insurance and personal finance articles, his work has helped readers discover substantial savings on necessary expenses, including insurance, transportation, health care, and more. As an award-winning writer, Nick has seen his work published in countless renowned publications, such as the Washington Post, Los Angeles Times, and U.S. News & World Report. He graduated with Latin honors from Virginia Commonwealth University, where he earned his Bachelor's Degree in Digital Journalism.
Updated
At Compare.com, it’s our mission to give you the tools to find the best (and most affordable) insurance for your unique needs and budget. We strive to provide information that’s helpful, clear, and unbiased, and we believe that comparing insurance companies should never put you at risk of spam. Our editorial team — which is made up of experienced writers, editors, insurance agents, and data analysts — has spent thousands of hours researching and creating the coverage overviews, side-by-side comparisons, and detailed reviews you see across our site.
While we make money through partnerships with some of the brands we discuss in our articles, our editorial team operates 100% independently, and these partners never influence or affect the topics, reviews, ratings, or recommendations we provide. We never guarantee favorable reviews or mentions in exchange for compensation from any brands or partners, and we uphold strict editorial standards to ensure our content is always independent, truthful, and unbiased.
On average, Tesla owners pay $156 per month for liability coverage and $343 for full-coverage policies.
USAA, State Farm, and Allstate have the cheapest average rates for Teslas nationwide.
The Model S is the cheapest Tesla model to insure, at $205 per month.
No matter how intimidating the average Tesla insurance quotes might look, you can probably find coverage for less.
We’ve rounded up the insurance companies offering the most competitive prices for Tesla owners nationwide, according to Compare.com data.
Company  | Average Monthly Premium |
|---|---|
| USAA | $141 |
| State Farm | $156 |
| Allstate | $200 |
| American Family | $213 |
| GEICO | $219 |
| CSAA | $239 |
| Nationwide | $258 |
| Progressive | $264 |
| Travelers | $269 |
| Farmers | $305 |
| Liberty Mutual | $364 |
| Amica | $686 |
USAA is a clear winner here, with an average rate of just $141 per month. That’s more than $100 cheaper than the Tesla average. That said, that USAA is only available to military members, veterans, and eligible family members.
And keep in mind that because insurance is never one-size-fits-all situation, prices can vary significantly depending on the insurer. That’s why it’s essential to compare quotes from multiple companies before making your decision.
Now, let’s find out which insurers might be the perfect match for your situation and Tesla model.
Compare personalized quotes from dozens of America’s top companies.
Tesla currently offers five models for sale, and they vary significantly in both sticker price and insurance cost. The table below highlights the average premiums for each model type, according to our data.
Model | Average Liability Premium | Average Full-Coverage Premium |
|---|---|---|
| Model Y | $158 | $332 |
| Model 3 | $161 | $357 |
| Cybertruck | $197 | $369 |
| Model X | $138 | $353 |
| Model S | $127 | $311 |
| All Tesla models | $156 | $343 |
Average Tesla Model Y liability premium: $158 per month
Average Tesla Model Y full-coverage premium: $332 per month
2026 Tesla Model Y MSRP: Starting at $39,990
The Tesla Model Y is a midsize SUV, with a starting price of just less than $40,000. It was also one of the Insurance Institute for Highway Safety’s Top Safety Picks for 2025,[1] which could be one reason why the Model Y has relatively cheap rates compared to other Tesla models.
Even so, you can find an even better deal with the right insurers. The chart below shows the average premiums from major insurance companies, according to our research.
Average Tesla Model 3 liability premium: $161 per month
Average Tesla Model 3 full-coverage premium: $357 per month
2026 Tesla Model 3 MSRP: Starting at $36,990
The Tesla Model 3 is a sedan with the cheapest starting price of any Tesla. Keeping with that trend, average premiums to insure a Model 3 tend to be cheaper than other models.
The chart below shows the cheapest car insurance companies for Model 3 drivers, according to our research.
Average Tesla Cybertruck liability premium: $197 per month
Average Tesla Cybertruck full-coverage premium: $369 per month
2026 Tesla Cybertruck MSRP: Starting at $79,990
Tesla’s newest model, the Cybertruck, starts at about $80,000. But certain trims (like the Cyberbeast) push the manufacturer’s suggested retail price (MSRP) well into the six figures. With its high starting price and specialized parts, the Cybertruck is usually more expensive to insure than other Teslas.
But you can somewhat offset those high costs by choosing the right insurer. The ones featured in the chart below are a great place to start.
Average Tesla Model X liability premium: $138 per month
Average Tesla Model X full-coverage premium: $353 per month
2026 Tesla Model X MSRP: Starting at $99,990
The Model X is a luxury SUV with unique “falcon-wing” doors. With a starting price hovering around $100,000, it’s definitely a high-end vehicle. With that high value comes a higher insurance cost.
The chart below highlights the five cheapest insurers for the Model X, according to our data.
Average Tesla Model S liability premium: $127 per month
Average Tesla Model S full-coverage premium: $311 per month
2026 Tesla Model S MSRP: Starting at $94,990
The Tesla Model S is a luxury electric vehicle (EV) with a relatively high starting price of around $95,000. And much like the Model X, coverage for this vehicle can be pricey. Even so, companies like USAA and State Farm offer average rates that are more in line with traditional vehicles.
You can find the rest of the cheapest insurers for the Model S in the chart below.
Finding the best insurance for your Tesla isn’t about picking the company everyone else uses. It’s about finding the perfect match for your specific situation.
After analyzing thousands of policies, we’ve identified standout insurers based on competitive Tesla rates, discounts, customer satisfaction ratings, and coverage options.
We’ve highlighted some of the best options for different types of Tesla drivers below.
| User Reviews | 3.9 |
|---|---|
| Our Rating Compare.com's ratings are determined by our editorial team. The objective formula used in these reviews weighs several important factors to consider when choosing financial products and services, including customer satisfaction ratings, ease of use, and a number of other components. | 4.7 /5 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $56/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $107/mo |
Customers appreciate the helpful agents and prompt claim handling, but many are unhappy with the constant rate increases, even for safe drivers. Some also reported poor customer service.
Customers appreciate the helpful agents and prompt claim handling, but many are unhappy with the constant rate increases, even for safe drivers. Some also reported poor customer service.
State Farm offers relief from skyrocketing rates for teen drivers through its young driver discounts. The company’s good student discount can reduce rates by up to 25%, while its driver training discount provides additional savings for completing approved courses.
But the standout feature for Tesla-driving teens is State Farm’s Steer Clear program. It’s a smart app that helps young drivers improve their driving skills and cash in on discounts.
Great student discounts
Steer Clear offers additional savings
Highly rated customer service
Service depends on agent
Somewhat intuitive mobile app
Gap insurance not available
| User Reviews | 3.7 |
|---|---|
| Our Rating Compare.com's ratings are determined by our editorial team. The objective formula used in these reviews weighs several important factors to consider when choosing financial products and services, including customer satisfaction ratings, ease of use, and a number of other components. | 4.3 /5 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $101/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $185/mo |
Drivers value the reliable coverage but find the policy costs high and the rate increases too frequent. Communication and claim settlement speed also need improvement.
Drivers value the reliable coverage but find the policy costs high and the rate increases too frequent. Communication and claim settlement speed also need improvement.
Travelers stands out for Tesla owners seeking maximum coverage. The five-year new car replacement coverage includes gap insurance and a lower glass deductible to protect your Tesla’s value long after purchase.
And when you add Premier Roadside Assistance, you get perks like towing service up to 100 miles, trip interruption protection, and personal property coverage.
New car replacement protection
Discounts for newer vehicles
Accident forgiveness available
Not available in every state
Limited rideshare coverage
Below-average customer service
| User Reviews | 3.5 |
|---|---|
| Our Rating Compare.com's ratings are determined by our editorial team. The objective formula used in these reviews weighs several important factors to consider when choosing financial products and services, including customer satisfaction ratings, ease of use, and a number of other components. | 4.5 /5 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $75/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $139/mo |
Customers appreciate the insurer's efficient service and knowledgeable agents but find the consistently rising rates and lack of communication to be major drawbacks.
Customers appreciate the insurer's efficient service and knowledgeable agents but find the consistently rising rates and lack of communication to be major drawbacks.
Teslas are often more expensive than the average car, so many vehicles are financed or leased. If you opt to take out a loan or lease a Tesla, Allstate's gap protection can come in handy, providing you with protection if your car is damaged beyond repair.
Allstate also partners with companies to provide coverage for your charger and discounts on new chargers and installation.
Offers gap coverage
Pay-per-mile and usage-based insurance available
Discounts available for charger protection
Poor Trustpilot rating
Fewer discount programs than some companies
Below-average claims satisfaction
You may not realize it, but where you park your Tesla affects your car insurance bill. Local factors like accident rates, weather patterns, theft statistics, and repair costs in your area affect how insurers calculate your premium.
To give you a better idea, the map below shows what the average Tesla driver pays in each state.
State | Average Monthly Premium |
|---|---|
| Alabama | $206 |
| Arkansas | $237 |
| Arizona | $220 |
| California | $269 |
| Colorado | $269 |
| Connecticut | $372 |
| Delaware | $312 |
| Florida | $291 |
| Georgia | $333 |
| Hawaii | $165 |
| Iowa | $140 |
| Idaho | $137 |
| Illinois | $207 |
| Indiana | $171 |
| Kansas | $194 |
| Kentucky | $259 |
| Louisiana | $280 |
| Massachusetts | $197 |
| Maryland | $397 |
| Maine | $183 |
| Michigan | $301 |
| Minnesota | $227 |
| Missouri | $237 |
| Mississippi | $197 |
| Montana | $195 |
| North Carolina | $116 |
| North Dakota | $153 |
| Nebraska | $188 |
| New Hampshire | $115 |
| New Jersey | $352 |
| New Mexico | $189 |
| Nevada | $331 |
| New York | $288 |
| Ohio | $162 |
| Oklahoma | $224 |
| Oregon | $200 |
| Pennsylvania | $211 |
| Rhode Island | $288 |
| South Carolina | $320 |
| South Dakota | $181 |
| Tennessee | $186 |
| Texas | $286 |
| Utah | $196 |
| Virginia | $234 |
| Vermont | $187 |
| Washington | $222 |
| Washington D.C. | $411 |
| Wisconsin | $158 |
| West Virginia | $193 |
| Wyoming | $147 |
State | Average Monthly Premium |
|---|---|
| California | $269 |
As with most vehicles, Teslas are more expensive to insure for young drivers. Teens and young adults will pay hundreds more per month for coverage than other age groups due to their relative inexperience behind the wheel and a tendency to cause accidents.
But rates tend to decrease as Tesla drivers get older, with seniors paying some of the lowest rates for these vehicles.
You can see exactly how average rates change as you age in the chart below.
Age Group | Average Monthly Premium |
|---|---|
| Drivers younger than 25 | $480 |
| Adult drivers | $250 |
| Senior drivers | $215 |
Your driving record provides insurance companies with important data about your driving habits. Based on your history, your insurer uses its own formulas to determine your risk of getting into an accident, which affects your premiums.[2] People with clean driving records pay much less for coverage than drivers with tickets, accidents, or driving under the influence (DUI) convictions.
The table below highlights the average rates for Tesla drivers with different types of records, according to Compare.com data.
Driving Record | Average Monthly Premium |
|---|---|
| Clean record | $250 |
| Speeding ticket | $335 |
| At-fault accident | $358 |
| DUI | $420 |
Teslas are significantly more expensive to insure than most vehicles. That ultimately comes down to several features, including:
The Model Y boasts the best safety ratings of any Tesla model. It was one of the Insurance Institute for Highway Safety’s Top Safety Picks for 2025, with good ratings for crashworthiness and crash prevention. As a result, the Model Y tends to be less expensive to insure than other Tesla models.
But the Model 3 had less-than-stellar safety ratings,[3] so it’s not surprising that it has a higher average premium.
Unlike most cars, Tesla vehicles often require specialized repairs after an accident, which can significantly affect the cost. Typically, owners need to take their vehicles to Tesla collision centers or approved facilities, and these locations are sometimes short-staffed.
For example, on TeslaMotorsClub, a forum for Tesla owners, several owners complained about having to wait weeks before they could get an appointment for repairs after an accident, and then had to wait weeks or even months more for the repair shop to receive the ordered parts and complete repairs.[4] [5]
Like other EV manufacturers, Tesla has had some issues with past recalls over the risk of battery fires. These issues are rare, but when they occur, they can cause significant damage (and cause the insurer to have a costly claim).[6]
Selecting a higher trim level gives you more features and luxuries but also a higher cost. As a result, the car is more expensive to repair or replace, so you’ll also pay a higher rate for insurance.
For example, the Model 3 starts at $36,990. But if you opt for the Performance trim, the price jumps to $54,990.
Besides a more powerful engine, the Performance trim has added features like additional speakers and subwoofers, seats with power tilt and thigh extension, and electronic continuously variable shock absorbers. Those added features require more electrical work and specialized parts, so the Performance trim is costlier to insure.
Compare personalized quotes from dozens of America’s top companies.
)
If you have a Tesla, you’ll likely need a combination of the following types of car insurance:
Liability: No matter where you live, you’ll need a policy that meets state-minimum liability requirements for injuries and property damage you cause in an accident.
Collision: If you’re in an accident, collision coverage pays to repair or replace your Tesla.
Comprehensive: If your Tesla is stolen, vandalized, or damaged by the weather, comprehensive coverage will pay for you to have it fixed or replaced.
Gap: If you purchase a Tesla with an auto loan (or opt to lease a vehicle), gap protection is a useful add-on. If your car is totaled or stolen, gap insurance pays the difference between the car’s current value and your outstanding loan balance.
Roadside assistance: If you misjudge your car’s battery charge or get a flat tire, roadside assistance can help get you back on the road or tow your car to a nearby service station.
Here are the most common questions we hear from Tesla owners looking to save on their insurance.
The average Tesla costs around $233 per month for car insurance, according to Compare.com data. But quotes depend on factors like the model you choose, your driving history, and the coverage levels you select.
Tesla models are among the most expensive electric vehicles (EVs) to insure. That’s because repairs are costly and often require specialized labor that many shops aren’t equipped to handle.
Tesla’s insurance program is available in 12 states: Arizona, California, Colorado, Illinois, Maryland, Minnesota, Nevada, Ohio, Oregon, Texas, Utah, and Virginia. But California drivers don’t have access to the Real-Time Insurance option that uses driving behavior to determine rates.
It depends. In California, Tesla Insurance covers Tesla models as well as non-Tesla vehicles. But in all other states where it offers coverage, the company limits its insurance offerings to Teslas.
No. Teslas tend to come with higher insurance costs than the average car. Despite more expensive premiums, you can often find affordable coverage by shopping around, looking into Tesla’s insurance program, and taking advantage of EV-specific discounts.
Data scientists at Compare.com analyzed more than 50 million real-time auto insurance quotes from more than 75 partner insurers in order to compile the rates and statistics seen in this article. Compare.com’s auto insurance data includes coverage analysis and details on drivers’ vehicles, driving records, insurance histories, and demographic information.
All the rates listed in this article have been collected from a combination of real Compare.com quotes and external insurance rate data gathered in collaboration with Quadrant Information Services. Compare.com uses these observations to provide readers with insights into how auto insurance companies determine their premiums.
)
)
)
)
)
)
)
)
Compare.com's #1 goal is to save you money. We publish resources that are based on hard-hitting data and years of industry experience to help you make more informed decisions with your wallet.
Learn more about us, our team, and what makes us tick.
)
Kat Tretina is a personal finance writer for Compare.com, specializing in insurance and debt management. For the past seven years, she’s been writing for several notable personal finance publications, including U.S News & World Report, NerdWallet, Forbes, Yahoo! Finance, Fortune, and more. She’s passionate about using her expertise to help people understand their financial options.
Kat earned her bachelor’s degree in English and Communications from Elizabethtown College and her master’s from West Chester University. She also holds certifications in financial education and student loan counseling.
Kat has been writing for Compare.com since 2025.
Nick Versaw leads Compare.com's editorial department, where he and his team specialize in crafting helpful, easy-to-understand content about car insurance and other related topics. With nearly a decade of experience writing and editing insurance and personal finance articles, his work has helped readers discover substantial savings on necessary expenses, including insurance, transportation, health care, and more. As an award-winning writer, Nick has seen his work published in countless renowned publications, such as the Washington Post, Los Angeles Times, and U.S. News & World Report. He graduated with Latin honors from Virginia Commonwealth University, where he earned his Bachelor's Degree in Digital Journalism.
)
