How much is Tesla insurance in 2026? Model-by-model cost breakdown

Tesla insurance cost by model: Yearly and monthly

Tesla insurance averages $4,512 a year or $376 a month. That's the average rate for all models, but the Tesla model you buy affects your rates as well.

The Model Y is the cheapest to insure at $3,836 a year, and the Model X the most expensive at $5,462 a year. Here's the breakdown of rates by model, yearly and monthly.

Average cost of Tesla insurance by model
Tesla model	Annual premium (full coverage)	Monthly premium (full coverage)
Model 3	$3,871	$323
Model Y	$3,836	$320
Cybertruck	$4,415	$368
Model S	$5,285	$440
Model X	$5,462	$455

Read our methodology

"Electric vehicles are often more expensive to insure due to the cost of repairs/parts/labor and availability of repair facilities," says Janet Ruiz, director of strategic communication at the Insurance Information Institute.

Cheapest Tesla insurance companies in 2026: Rates by model and carrier

The cheapest Tesla insurance companies are Travelers and American Family, depending on the model. American Family has the cheapest rates for all models except the Model 3, which is cheaper at Travelers. USAA is cheaper for most Tesla models, with the exception of the Model X, but is only available to military members, veterans and their families.

Comparing car insurance rates is one of the most effective ways to get the best deal regardless of what type of car you drive.

Below, you’ll find average rates for the top car insurance companies for each Tesla model and trim level.

Tesla Model 3 Rates
Company	Average annual rate
USAA	$2150
Travelers	$2678
American Family	$2700
Nationwide	$2847
Auto-Owners	$3141
State Farm	$3217
GEICO	$3869
Amica	$3924
Auto Club Group (AAA)	$3932
Progressive	$4096
Mercury Insurance	$4340
Erie Insurance	$4490
Allstate	$4617
CSAA Insurance (AAA)	$5252
Farmers	$5893
Auto Club Enterprises (AAA)	$6293

Cheapest insurance for Tesla Model 3

Company	Average annual rate

Read our methodology

Average annual rate

How much is Tesla insurance in your state?

Tesla insurance rates vary by state, but tend to fall in line with state averages. Teslas are expensive to insure in states with high average rates. Louisiana is the most expensive state to insure a Tesla Model 3, with an average annual rate of $6,879, and Hawaii is the cheapest at $2,201 annually.

The map below shows the cost of insuring different Tesla models in each state.

Model 3 Model S Model X Model Y

Map

Table

Tesla Model 3 insurance cost by state

State	Average rate	Compared to national average
Alaska	$3,492	$379 [10%]
Alabama	$3,466	$405 [10%]
Arkansas	$4,355	-$484 [-13%]
Arizona	$3,761	$110 [3%]
California	$4,532	-$661 [-17%]
Colorado	$4,046	-$175 [-5%]
Connecticut	$5,197	-$1326 [-34%]
Washington, D.C.	$5,251	-$1380 [-36%]
Delaware	$4,606	-$735 [-19%]
Florida	$4,041	-$170 [-4%]
Georgia	$3,584	$287 [7%]
Hawaii	$2,201	$1670 [43%]
Iowa	$3,309	$562 [15%]
Idaho	$2,656	$1215 [31%]
Illinois	$3,562	$309 [8%]
Indiana	$2,670	$1201 [31%]
Kansas	$3,437	$434 [11%]
Kentucky	$4,242	-$371 [-10%]
Louisiana	$6,879	-$3008 [-78%]
Massachusetts	$3,478	$393 [10%]
Maryland	$4,707	-$836 [-22%]
Maine	$2,391	$1480 [38%]
Michigan	$5,958	-$2087 [-54%]
Minnesota	$3,561	$310 [8%]
Missouri	$3,380	$491 [13%]
Mississippi	$4,980	-$1109 [-29%]
Montana	$3,896	-$25 [-1%]
North Carolina	$3,062	$809 [21%]
North Dakota	$3,236	$635 [16%]
Nebraska	$3,702	$169 [4%]
New Hampshire	$2,669	$1202 [31%]
New Jersey	$4,628	-$757 [-20%]
New Mexico	$3,681	$190 [5%]
Nevada	$5,802	-$1931 [-50%]
New York	$4,115	-$244 [-6%]
Ohio	$2,714	$1157 [30%]
Oklahoma	$3,935	-$64 [-2%]
Oregon	$3,298	$573 [15%]
Pennsylvania	$4,205	-$334 [-9%]
Rhode Island	$4,193	-$322 [-8%]
South Carolina	$4,161	-$290 [-7%]
South Dakota	$3,902	-$31 [-1%]
Tennessee	$3,516	$355 [9%]
Texas	$4,146	-$275 [-7%]
Utah	$3,172	$699 [18%]
Virginia	$3,704	$167 [4%]
Vermont	$2,707	$1164 [30%]
Washington	$3,068	$803 [21%]
Wisconsin	$3,852	$19 [0%]
West Virginia	$3,351	$520 [13%]
Wyoming	$3,306	$565 [15%]

Read our methodology

Tesla Model S insurance cost by state

State	Average rate	Compared to national average
Alaska	$4,870	$415 [8%]
Alabama	$4,394	$891 [17%]
Arkansas	$6,283	-$998 [-19%]
Arizona	$5,127	$158 [3%]
California	$6,417	-$1132 [-21%]
Colorado	$5,505	-$220 [-4%]
Connecticut	$6,735	-$1450 [-27%]
Washington, D.C.	$8,178	-$2893 [-55%]
Delaware	$6,007	-$722 [-14%]
Florida	$5,838	-$553 [-10%]
Georgia	$4,455	$830 [16%]
Hawaii	$2,843	$2442 [46%]
Iowa	$4,721	$564 [11%]
Idaho	$3,544	$1741 [33%]
Illinois	$4,485	$800 [15%]
Indiana	$3,587	$1698 [32%]
Kansas	$4,974	$311 [6%]
Kentucky	$6,233	-$948 [-18%]
Louisiana	$8,512	-$3227 [-61%]
Massachusetts	$4,884	$401 [8%]
Maryland	$6,086	-$801 [-15%]
Maine	$3,511	$1774 [34%]
Michigan	$8,316	-$3031 [-57%]
Minnesota	$4,921	$364 [7%]
Missouri	$5,331	-$46 [-1%]
Mississippi	$6,716	-$1431 [-27%]
Montana	$5,000	$285 [5%]
North Carolina	$3,670	$1615 [31%]
North Dakota	$4,563	$722 [14%]
Nebraska	$5,178	$107 [2%]
New Hampshire	$3,872	$1413 [27%]
New Jersey	$6,208	-$923 [-17%]
New Mexico	$5,010	$275 [5%]
Nevada	$6,560	-$1275 [-24%]
New York	$5,492	-$207 [-4%]
Ohio	$3,609	$1676 [32%]
Oklahoma	$5,579	-$294 [-6%]
Oregon	$4,119	$1166 [22%]
Pennsylvania	$5,701	-$416 [-8%]
Rhode Island	$6,081	-$796 [-15%]
South Carolina	$5,449	-$164 [-3%]
South Dakota	$5,744	-$459 [-9%]
Tennessee	$4,815	$470 [9%]
Texas	$5,812	-$527 [-10%]
Utah	$4,045	$1240 [23%]
Virginia	$4,832	$453 [9%]
Vermont	$3,731	$1554 [29%]
Washington	$4,212	$1073 [20%]
Wisconsin	$5,363	-$78 [-1%]
West Virginia	$4,510	$775 [15%]
Wyoming	$4,986	$299 [6%]

Read our methodology

Tesla Model X insurance cost by state

State	Average rate	Compared to national average
Alaska	$4,910	$552 [10%]
Alabama	$4,641	$821 [15%]
Arkansas	$6,768	-$1306 [-24%]
Arizona	$5,332	$130 [2%]
California	$6,950	-$1488 [-27%]
Colorado	$5,672	-$210 [-4%]
Connecticut	$6,760	-$1298 [-24%]
Washington, D.C.	$7,906	-$2444 [-45%]
Delaware	$6,172	-$710 [-13%]
Florida	$5,726	-$264 [-5%]
Georgia	$4,712	$750 [14%]
Hawaii	$2,939	$2523 [46%]
Iowa	$4,860	$602 [11%]
Idaho	$4,234	$1228 [22%]
Illinois	$4,456	$1006 [18%]
Indiana	$3,671	$1791 [33%]
Kansas	$5,537	-$75 [-1%]
Kentucky	$6,492	-$1030 [-19%]
Louisiana	$8,671	-$3209 [-59%]
Massachusetts	$4,796	$666 [12%]
Maryland	$6,468	-$1006 [-18%]
Maine	$3,706	$1756 [32%]
Michigan	$7,830	-$2368 [-43%]
Minnesota	$5,077	$385 [7%]
Missouri	$5,535	-$73 [-1%]
Mississippi	$6,946	-$1484 [-27%]
Montana	$5,790	-$328 [-6%]
North Carolina	$3,739	$1723 [32%]
North Dakota	$4,393	$1069 [20%]
Nebraska	$5,616	-$154 [-3%]
New Hampshire	$4,186	$1276 [23%]
New Jersey	$6,252	-$790 [-14%]
New Mexico	$5,177	$285 [5%]
Nevada	$6,740	-$1278 [-23%]
New York	$5,701	-$239 [-4%]
Ohio	$3,606	$1856 [34%]
Oklahoma	$5,588	-$126 [-2%]
Oregon	$4,180	$1282 [23%]
Pennsylvania	$6,155	-$693 [-13%]
Rhode Island	$6,272	-$810 [-15%]
South Carolina	$5,836	-$374 [-7%]
South Dakota	$5,794	-$332 [-6%]
Tennessee	$5,128	$334 [6%]
Texas	$5,966	-$504 [-9%]
Utah	$4,110	$1352 [25%]
Virginia	$4,971	$491 [9%]
Vermont	$3,917	$1545 [28%]
Washington	$4,148	$1314 [24%]
Wisconsin	$5,414	$48 [1%]
West Virginia	$4,780	$682 [12%]
Wyoming	$4,514	$948 [17%]

Read our methodology

Tesla Model Y insurance cost by state

State	Average rate	Compared to national average
Alaska	$3,256	$580 [15%]
Alabama	$3,480	$356 [9%]
Arkansas	$4,227	-$391 [-10%]
Arizona	$3,736	$100 [3%]
California	$4,728	-$892 [-23%]
Colorado	$4,000	-$164 [-4%]
Connecticut	$4,660	-$824 [-21%]
Washington, D.C.	$5,255	-$1419 [-37%]
Delaware	$3,907	-$71 [-2%]
Florida	$4,058	-$222 [-6%]
Georgia	$3,672	$164 [4%]
Hawaii	$1,992	$1844 [48%]
Iowa	$3,418	$418 [11%]
Idaho	$2,395	$1441 [38%]
Illinois	$3,568	$268 [7%]
Indiana	$2,541	$1295 [34%]
Kansas	$3,791	$45 [1%]
Kentucky	$4,472	-$636 [-17%]
Louisiana	$6,247	-$2411 [-63%]
Massachusetts	$3,098	$738 [19%]
Maryland	$4,545	-$709 [-18%]
Maine	$2,373	$1463 [38%]
Michigan	$5,401	-$1565 [-41%]
Minnesota	$3,575	$261 [7%]
Missouri	$3,683	$153 [4%]
Mississippi	$4,901	-$1065 [-28%]
Montana	$3,747	$89 [2%]
North Carolina	$2,915	$921 [24%]
North Dakota	$3,153	$683 [18%]
Nebraska	$3,907	-$71 [-2%]
New Hampshire	$2,647	$1189 [31%]
New Jersey	$4,487	-$651 [-17%]
New Mexico	$3,590	$246 [6%]
Nevada	$5,729	-$1893 [-49%]
New York	$4,024	-$188 [-5%]
Ohio	$2,729	$1107 [29%]
Oklahoma	$3,920	-$84 [-2%]
Oregon	$3,036	$800 [21%]
Pennsylvania	$4,140	-$304 [-8%]
Rhode Island	$4,111	-$275 [-7%]
South Carolina	$4,120	-$284 [-7%]
South Dakota	$4,108	-$272 [-7%]
Tennessee	$3,671	$165 [4%]
Texas	$4,169	-$333 [-9%]
Utah	$2,882	$954 [25%]
Virginia	$3,515	$321 [8%]
Vermont	$2,536	$1300 [34%]
Washington	$2,958	$878 [23%]
Wisconsin	$3,985	-$149 [-4%]
West Virginia	$3,379	$457 [12%]
Wyoming	$3,072	$764 [20%]

Read our methodology

*Some state rates will vary based on the addition of a hurricane deductibleThe deductible is the amount you pay out of pocket for a covered loss when you file a claim. and may be much higher when included.

People ask

Can I get Tesla auto insurance in North Carolina?

The Tesla insurance program is not available in North Carolina, but you can insure a Tesla with any standard insurance company.

Tesla car insurance cost by coverage (Liability-only vs. full coverage)

The coverage you choose to buy for your Tesla impacts what you pay. Full coverage costs more because it covers damage to your car.

If you have a loan or lease on your Tesla, you'll be required to carry full coverage.

The rates below compare liability only coverage and full coverage rates for Tesla models.

Tesla model	Liability only (100/300/100)	Full coverage (100/300/100, $500 deductibles)
Model 3	$1,127	$3,871
Model S	$1,174	$5,285
Model X	$1,203	$5,462
Model Y	$1,139	$3,836
Cybertruck	$1,130	$4,415

Data updated in 2025

Read our methodology

Tesla insurance cost by driver age (Teens, seniors and more)

The driver's age is one of the biggest factors affecting insurance rates. Younger drivers, especially teens, will see much higher rates that will decrease as they get older. Teen rates range from $733 to $2,016 per month for a Model 3, while adults pay between $209 and $394 per month. The range is much smaller for adults because most companies rate adults similarly, while teens face very different rates based on the company's willingness to take on the added risk.

The rates below are based on the average of all trim levels for each Tesla model.

Company	Avg annual premium	Avg monthly premium

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Tesla insurance cost trends by model: 2020-2025

The average rate for a Tesla Model 3 increased from $3,175 to $3,871 from 2020 to 2025, with the largest single-year jump from 2024 to 2025 at $405 per year. Rates have increased for all Tesla models except the Cybertruck, which saw a reduction from 2024 to 2025 of $493, likely related to the decrease in the vehicle's MSRP in that same time period.

Graph

Table

Year	Model 3	Model S	Model X	Model Y	Cybertruck
2020	$3,175	$4,530	$4,322	$3,100	N/A
2021	$3,214	$4,769	$4,259	$3,069	N/A
2022	$3,406	$5,249	$4,917	$3,377	N/A
2023	$3,458	$5,026	$4,778	$3,457	N/A
2024	$3,466	$5,074	$4,805	$3,529	$4,908
2025	$3,871	$5,285	$5,462	$3,836	$4,415

Read our methodology

Best car insurance for a Tesla

State Farm came out on top for insuring a Tesla with a score of 4.74/5. Nationwide came in second. Tesla's proprietary insurance program is not included because data is unavailable.

To help you choose the best car insurance for your Tesla, we ranked top companies based on their rates for a Model 3, our survey of insurance customers for the best car insurance companies ranking, and third-party rankings. While price is important, you also want a company you can trust, so we included AM Best financial stability rankings and National Association of Insurance Commissioners (NAIC) complaint ratios.

Company	AM Best rating	NAIC complaint ratio	Average annual premium*	Survey score**	Insurance.com score
State Farm	A++	0.79	$2,951	4.52	4.74
Nationwide	A	0.63	$3,181	4.52	4.53
GEICO	A++	0.69	$4,158	4.43	4.35
Progressive	A+	0.71	$4,006	4.4	4.29
Farmers	A	0.86	$5,066	4.41	3.86
Allstate	A+	1.1	$5,536	4.36	3.75

Read our methodology

*Average of all Tesla models and trim levels.

**Score based on our survey of insurance customers for satisfaction with customer service, recommendation to others, claims handling and renewal rate.

Quick poll

The Tesla car insurance program: How the Safety Score works and what it costs

Tesla car insurance directly from the company isn't ranked in our list of the best companies due to a lack of data; its usage-based pricing system means there are no average rates.

The program uses a proprietary "Safety Score" to calculate rates. It's measured as a score out of 100 based on hard braking, aggressive turning, unsafe following, excessive speeding, late-night driving, Forced Autosteer or FSD (Supervised) Disengagement and unbuckled driving. Drivers start with a score of 80, and actual scores are calculated daily for up to 30 days to create an aggregated score. Higher scores will result in lower rates.

Tesla Safety Score factors and their weighted impact
Factor	Safety Score impact
Hard braking	Capped at 5.3%
Aggressive turning	Capped at 13.5%
Unsafe following	Capped at 64.2%
Excessive speeding	Capped at 10%
Late-night driving	Capped at 17.8%
Forced Autosteer or FSD (Supervised) Disengagement	Value is 1 or 0
Unbuckled driving	Capped at 29.8%

Read our methodology

The Tesla Insurance program is underwritten by State National Insurance and is only available in the following states at this time:

Arizona
California*
Colorado
Florida
Illinois
Maryland
Minnesota
Nevada
Ohio
Oregon
Texas
Utah
Virginia

*In California, the Tesla Insurance program doesn't use the Safety Score due to state laws.

Tesla's insurance program is similar to other carriers' usage-based programs, where a discount is offered based on driving habits, with the main difference being that the Safety Score is the sole source of rating, and not just a discount. Standard telematics programs don't benefit all drivers, according to Ruiz.

"Telematics are offered by many insurance companies," she says. "Usage-based programs tend to benefit low-mileage driving."

Quick poll

Why is Tesla insurance so high?

Tesla insurance is high because electric vehicles are generally more expensive to insure, and Teslas are pricey cars with higher-than-average repair costs. Here's a closer look at the factors that make a Tesla expensive to insure:

Teslas are expensive cars. The value of your car will affect how much you pay for car insurance. This is because your car’s value is how much the insurance company will have to pay if the car is totaled. The base price of a Tesla Model 3 in 2026 is $36,990, according to Kelley Blue Book. The prices of the other Tesla models are even higher:
- Model Y: $39,990
- Cybertruck: $69,990
- Model S: $94,990
- Model X: $99,990

They’re expensive to repair. Not all shops can fix a Tesla. As a result, those catering to Teslas can charge higher prices. The tech can be complex and only original Tesla parts are typically available. Additionally, specialized tools are needed for repairs. Insurance companies factor repair costs into your rates.
They have unibody construction. Tesla is moving toward unibody construction, using larger aluminum panels to achieve better stability and safety. This means a larger part of the vehicle may need to be replaced in case of damage, even minor damage. The extra labor and larger pieces needed for repairs can again raise insurance prices because insurers know repair costs are high.
The many ADAS sensors are costly to recalibrate. ADAS sensors, including backup cameras, parking sensors, blind spot monitoring and lane departure warning systems, require recalibration after even minor accidents.

Are Tesla collision repair costs higher than other vehicles?

Yes, Teslas are more expensive to repair than other makes, with repair estimates averaging $3,914 for a Tesla vs. $1,629 for a Honda, based on an Otto auto body repair marketplace data report in Southern California [2026]. Costs vary by location due to differences in labor and parts. Collisions that damage more than the body have even higher costs, impacted by Tesla's advanced technology.

Factors impacting Tesla repair costs include:

Tesla batteries are not modular, so they must be replaced completely if they are damaged even a little
Tesla models change in design regularly, which makes it harder to find replacement parts
Tesla is moving towards fewer large pieces for the body, which means a larger area needs replacement even if a small part of it is damaged

People ask

Is it cheaper to have a Tesla or a gas car?

On average, it's cheaper to own a gas car, but it really depends on the make and model you're comparing. The average purchase price of a Tesla is higher than that of a gas-powered vehicle, and Teslas cost more to insure ($4,512 vs. $3,037 for all vehicles) and to repair ($5,552 vs. $4,205 for gas vehicles). However, many gas-powered cars are more expensive than a base-model Tesla, so it depends on which vehicle you buy.

Tips for getting cheaper Tesla insurance

If you're looking to reduce your Tesla insurance cost, there are a few things you can do.

Shop around. Be sure to get quotes from at least three insurance companies as rates vary quite a bit from company to company. For a Tesla Model Y Long Range, for example, we found rates ranging from $1,889 at State Farm to $4,563 at Allstate.
Look into the Tesla Insurance program if it’s offered in your state, and consider how the Safety Score is calculated and how it will affect your rates.
Check out other usage-based programs. Most major insurance companies offer some form of usage-based program that can earn you a discount for safe driving habits and lower mileage.
Find savings the same way you would with any car insurance policy by:
- Bundling your home and auto together
- Asking about discounts, like good driver or paperless billing
- Raising your deductible

Auto-insurance insurance Q&A :

Q : What is the price range for Tesla Insurance?

A : On average, Tesla insurance ranges from $3,871 to $5,462 a year, depending on the model.

Answered by Leslie Kasperowicz, Executive Editor

Q : How much is Tesla insurance for Model S in California?

A : The average annual cost to insure a Tesla Model S in California is $5,644.

Answered by Leslie Kasperowicz, Executive Editor

Q : How much is insurance for a Tesla Model X in Texas?

A : The average cost of insurance for a Tesla Model X in Texas is $3,533.

Answered by Leslie Kasperowicz, Executive Editor

Methodology

We partnered with Quadrant Information Services to field rates for Tesla models in all 50 states and Washington, D.C. Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:

Bodily injury liability of $100,000 per person and $300,000 per incident
Property damage liability of $100,000 per incident
Comprehensive and collision deductibles of $500
40-year-old driver
Good credit
A clean driving record
12-mile commute, 10,000 annual mileage

Additional rate data is drawn based on:

All available year, make and model data
Ages ranging from 16 to 75
Excellent, fair and poor credit

The best companies rating is based on Quadrant rates as well as our annual survey of insurance customers. Additional data points included are AM Best financial stability ratings, where the top score is A++ and the National Association of Insurance Commissioners (NAIC) complaint ratio, where a score below 1.00 is considered a below-average volume.

Learn more about our data and methodology.

FAQ: Tesla car insurance

Is Tesla insurance cheap?

No. Tesla insurance is more expensive than the average car insurance cost at $4,512 a year, compared to $3,037 a year for all vehicles.

Is Tesla's insurance program cheaper than other insurers?

Yes, for safe drivers, the Tesla insurance program can be cheaper. Tesla insurance is a usage-based program, so the actual cost will depend on your driving habits. According to Tesla, safe drivers can save up to 60%, but how much you’ll pay depends on your base rate, which is based on traditional factors like your age and driving record.

Does Tesla offer gap insurance?

Yes, Tesla offers gap insurance through the Tesla Insurance program. Additionally, gap insurance is included if you lease a car through Tesla.

How much is insurance through Tesla?

Tesla doesn't publish its insurance rates. Insurance policies are priced based on driving habits recorded by built-in monitoring systems.

Does Tesla insurance use your driving history?

Yes, Tesla uses your driving history to set rates in some states. California does not allow the use of telematics-based rating, so Tesla uses traditional factors there. In other states, it may also consider past driving infractions. However, rates are primarily calculated using real-time driving data on your habits to determine your Safety Score out of 100. New Tesla policyholders start with a score of 80, which is adjusted as data is gathered.

How does the Tesla Safety Score affect my premium?

A higher Tesla Safety Score results in lower premiums, with the top score set at 100. The closer your score is to 100, the less you will pay for your car insurance.