Shedding light on car insurance prices
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The average insurance costs for a Tesla Model X is $227 a month, or $2,724 a year. A 2017 Tesla Model X starts at a base price of $82,500, putting the annual insurance cost–to–base car price ratio at a low 3.3%. The Tesla X is on the low end of insurance for luxury cars, making it relatively inexpensive to insure for its high-end price tag.
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| 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 |
The Tesla Model X has been around since 2016 and is an all electric crossover SUV. The luxury midsize SUV is known for its long driving range, excellent acceleration and outstanding driving technology. By the end of 2016, there were over 18,000 sales in the United States, making it the third best selling electric car on the market. There were over 25,000 sales worldwide.
The 2017 Tesla Model X is the safest SUV of all time. The Tesla Model X is the first SUV to receive five star ratings in every category and sub-category. The National Highway Traffic Safety Administration awarded the Tesla Model X with a 5-Star Overall Safety Rating. All crash tests performed on the SUV received the highest possible safety rating.
The Tesla Model X model includes lane departure warning, enhanced autopilot system and automatic emergency braking.
From a price standpoint, the Tesla Model X ranks right in the middle of our list of the 360 priciest car models to insure.
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