Prachi Singh
Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.

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Leslie Kasperowicz
Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.

Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


Leslie Kasperowicz Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.


Why you can trust Insurance.com

If you own a Tesla Model X or are planning to buy one, you'll want to know what insurance is likely to cost. Insurance costs can vary widely depending on your vehicle's model year, trim, driving history, and where you live.

There's a car insurance rates by model tool below that lets you enter your state, model year, and other details to get personalized estimates. It helps you compare rates from numerous carriers side by side, so you can find insurance policy that balances coverage and cost, helping you save money.

Keep reading to learn more about the average insurance rates for Tesla Model X by model year and by company.

Average insurance cost of Tesla Model X by model year

Year of Tesla Model X modelAverage cost to insure
2024$4,812
2023$4,744
2022$4,861
2021$4,249
2020$4,308
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Compare Model X insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
State Farm4WD 4 Door Utility 5 Seat Electric 6001 to 7000 Lbs$2,647
State Farm4WD 4 Door Utility 6 Seat Electric 6001 to 7000 Lbs$2,647
Nationwide4WD 4 Door Utility 5 Seat Electric 6001 to 7000 Lbs$3,218
Progressive4WD 4 Door Utility 5 Seat Electric 6001 to 7000 Lbs$3,531
Progressive4WD 4 Door Utility 6 Seat Electric 6001 to 7000 Lbs$3,700
Nationwide4WD 4 Door Utility 6 Seat Electric 6001 to 7000 Lbs$4,025
GEICO4WD 4 Door Utility 6 Seat Electric 6001 to 7000 Lbs$4,371
GEICO4WD 4 Door Utility 5 Seat Electric 6001 to 7000 Lbs$5,178
Allstate4WD 4 Door Utility 5 Seat Electric 6001 to 7000 Lbs$6,114
Allstate4WD 4 Door Utility 6 Seat Electric 6001 to 7000 Lbs$8,476

Tesla Model X insurance rates per year

2024

2024 Tesla Model X insurance rates

Average cost to insure $4,812
Annual cheapest rate $3,056
Available trims Model X, Model X Plaid
RankCompanyAverage annual premium
1State Farm$3,056
2Progressive$4,152
3Nationwide$4,774
4Farmers$5,359
5GEICO$5,372
6Allstate$6,160
2023

2023 Tesla Model X insurance rates

Average cost to insure $4,744
Annual cheapest rate $3,027
Available trims Model X Long Range, Model X Plaid
RankCompanyAverage annual premium
1State Farm$3,027
2Nationwide$3,899
3Progressive$4,009
4Farmers$5,007
5GEICO$5,099
6Allstate$7,422
2022

2022 Tesla Model X insurance rates

Average cost to insure $4,861
Annual cheapest rate $3,238
Available trims Model X Long Range, Model X Plaid
RankCompanyAverage annual premium
1State Farm$3,238
2Nationwide$3,800
3Progressive$3,939
4Farmers$4,874
5GEICO$5,193
6Allstate$8,123
2021

2021 Tesla Model X insurance rates

Average cost to insure $4,249
Annual cheapest rate $2,802
Available trims Model X Long Range, Model X Long Range Plus, Model X Performance, Model X Plaid
RankCompanyAverage annual premium
1State Farm$2,802
2Nationwide$3,735
3Progressive$3,784
4GEICO$4,416
5Farmers$4,629
6Allstate$6,129
2020

2020 Tesla Model X insurance rates

Average cost to insure $4,308
Annual cheapest rate $2,735
Available trims Model X Long Range, Model X Long Range Plus, Model X Performance
RankCompanyAverage annual premium
1State Farm$2,735
2Progressive$3,622
3Nationwide$4,071
4Farmers$4,443
5GEICO$4,999
6Allstate$5,980
2019

2019 Tesla Model X insurance rates

Average cost to insure $3,968
Annual cheapest rate $2,907
Available trims Model X, Model X 100D, Model X 75D, Model X Long Range, Model X P100D, Model X Performance, Model X Standard Range
RankCompanyAverage annual premium
1State Farm$2,907
2Progressive$3,346
3Nationwide$3,711
4GEICO$4,029
5Farmers$4,317
6Allstate$5,497
2018

2018 Tesla Model X insurance rates

Average cost to insure $3,958
Annual cheapest rate $3,142
Available trims Model X 100D, Model X 75D, Model X P100D
RankCompanyAverage annual premium
1State Farm$3,142
2Progressive$3,259
3Nationwide$3,705
4GEICO$3,865
5Farmers$4,126
6Allstate$5,650
2017

2017 Tesla Model X insurance rates

Average cost to insure $3,731
Annual cheapest rate $2,732
Available trims Model X 100D, Model X 75D, Model X 90D, Model X P100D
RankCompanyAverage annual premium
1State Farm$2,732
2Nationwide$3,157
3Progressive$3,251
4GEICO$3,868
5Farmers$3,923
6Allstate$5,457

Methodology

Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.

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
  • Honda Accord LX
  • Good credit
  • A clean driving record
  • 12-mile commute, 10,000 annual mileage
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