Compare Tesla Model S car insurance prices | finder.com

Tesla Model S insurance rates

Shedding light on car insurance prices

Compare car insurance quotes

Enter your ZIP code below and click Compare to see the cheapest rates in your area.

Average Tesla Model S insurance rates

The average insurance costs for a Tesla Model S is $227 a month — or $2,724 a year. Your actual cost could be more or less depending on your driving record, the number of miles you drive in a year and other factors. To determine our estimated cost, we aggregated quotes from insurance companies using this profile:

  • 2017 Tesla Model S
  • 10,001–15,000 miles driven yearly
  • No accidents in the past five years
  • Anti-theft device on vehicle
  • Driver located in New York
  • Good credit

Our estimated price is for the state required minimum coverage which includes bodily injury, property damage, uninsured motorist, bodily injury and personal injury protection.

Recommended provider

Our top pick:

  • Rewards for safe drivers
  • Basic to comprehensive
  • Your own dedicated agent

Our top pick: Allstate

Enjoy having your own dedicated agent to help you get the best discounts and coverage.

  • Rewards for safe drivers, good students and more
  • Get your own dedicated insurance agent
Promoted

About the Tesla Model S

Tesla Model S Insurance FinderThe Tesla Model S has been around since 2012 and is an all electric car. The large luxury car is known for its longest range for any EV model, large cargo room and world class performance. In 2013, the Tesla Model S won the World Green Car of the Year award.

Insurance companies determine the insurance cost for a Tesla Model S based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on your driving history and location. If you’re considering a Tesla Model S, grab quotes from several insurance companies to find the lowest premium possible before you commit. Do your research to see if you qualify for insurance discounts.

Which car insurance provider is best for me?

Looking to save on car insurance? Answer these three questions to find a provider that best fits your needs and budget.

Question 1 of 2

Based on your answers, check out:

Compare more car insurance companies

Tesla Model S money-saving safety features

You could save money on car insurance for your Tesla Model S if it comes equipped with these safety features.

  • Anti-lock brakes
  • Stability control
  • Airbags
  • Seatbelt pretensioners
  • Anti theft system

Random Tesla facts

  • Tesla Inc. has been around since 2003 and specializes in producing American automobiles, manufacturing solar panels and energy storage.
  • The Tesla Model S is the first electric car to win the Motor Trend’s Car of the Year award.
  • The company was founded in an attempt to change the world’s dependence on oil.
  • In 2013, the National Highway Traffic Safety Administration announced that Tesla Model S has the best safety rating of any model in history.
  • In 2016, Tesla was ranked the 10th most valuable car company in the world.

Compare insurance providers that cover Tesla Model S

Name Product Roadside assistance New car protection Available states
Allstate
Included free
Yes, cars under 2 years old
All 50 states
Enjoy having your own dedicated agent to help you get the best discounts and coverage.
Liberty Mutual
Optional
Yes, cars under 1 year old & 15,000 miles
All 50 states
Car insurance through Liberty Mutual will give coverage options for almost any situation.
Root
Optional
No
AZ, AR, DE, IL, IN, IA, KY, LA, MD, MI, MS, MT, NM, ND, OH, OK, OR, PA, TX, UT
Root offers simple, affordable insurance that’s ideal for good drivers. Try the Root app for 2 weeks and see how much you could save. Available in 20 states.
Esurance
Optional
Yes, cars under 1 year old & 15,000 miles
All states except AK, DE, HI, MT, NH, VT, WY
Esurance offers a modern online and mobile experience that helps you take your insurance on the go. Available in 42 states.
Metromile
Optional
Yes, cars under 1 year old & 15,000 miles
CA, IL, NJ, OR, PA, VA, WA
Drive less than 30 miles a day? Save on the coverage you need with pay-per-mile insurance from Metromile. Get a low monthly rate then pay just a few cents per mile. Available in CA, IL, NJ, OR, PA, VA and WA.
USAA
Optional
No
All 50 states
USAA offers affordable car insurance with highly rated customer service to millions of military members and their families. Only available to military members, veterans and affiliated military members.

Compare up to 4 providers


Find the cheapest rates

Compare the best car insurance companies near you.

Your information is secure.

Tesla Model S car insurance rates

A 2017 Tesla Model S starts at a base price of $68,000. With the average insurance rate at $2,724 per year, the annual insurance cost–to–base car price ratio is 4.0%.

Model Monthly insurance rate Base car price
Tesla Model S $227 $68,000
Tesla Model X $227 $82,500
Tesla Model 3 $227 $35,000

How safe is the Tesla Model S?

The National Highway Traffic Safety Administration (NHTSA) only rated the rollover crash test, which received the highest possible safety rating. The Insurance Institute for Highway Safety (IIHS) rated the small overlap front test as acceptable, an average rating. All other crash tests performed by the IIHS received a good safety rating, the highest possible rating.

The Tesla Model S model includes lane departure warning, enhanced autopilot system and automatic emergency braking.

Find the cheapest rates

Compare the best car insurance companies near you.

Your information is secure.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy and Cookies Policy and Terms of Use.
Go to site