Tesla Model S Insurance Cost
- Tesla Model S insurance costs range from $204 to $486 per month
- Allied offers the cheapest coverage
- See more average rates from GEICO, Allstate, USAA and other companies below
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Tesla Model S Insurance cost
- Average insurance premium: $302 per month
- Most affordable company: Allied ($94 per month)
- 41% of drivers insure their Model S with high liability limits plus full coverage
The estimates below and above are based on our sample driver profile — a 30-year-old single male driving a Tesla Model S with full coverage. Depending on your coverage level, driving history and state, your individual costs will vary.
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2019 Tesla Model S
Cheapest Insurance Companies
Average Annual Cost
$1,660
$1,879
$1,912
$2,062
$2,151
Auto Owners
$2,207
$2,223
Country
$2,428
$2,597
$2,633
Southern Farm Bureau
$2,693
$2,706
Compare all 2019 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$3,513List Price
$75,000Trims Available
Standard Range, 75D, Long Range, Base, 100D, Performance, P100D
2018 Tesla Model S
Cheapest Insurance Companies
Average Annual Cost
Erie
$1,398
USAA
$1,953
Nationwide
$1,963
Country
$2,291
Progressive
$2,400
State Farm
$2,651
American Family
$3,239
$3,309
$3,333
$3,596
$4,343
Compare all 2018 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$2,771List Price
$75,000Trims Available
75D, 100D, P100D
2017 Tesla Model S
Compare all 2017 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$1,365List Price
$68,000Trims Available
60, 60D, 75, 75D, 90D, P100D
2016 Tesla Model S
Cheapest Insurance Companies
Average Annual Cost
Cincinnati Insurance
$729
$785
Oklahoma Farmers Union
$1,014
Mercury
$1,024
Quincy Mutual
$1,131
Tennessee Farmers
$1,294
Erie
$1,381
USAA
$1,828
$1,923
Acuity
$1,953
Progressive
$1,976
Nationwide
$2,000
Compare all 2016 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$2,067List Price
$66,000Trims Available
60, 70, 60D, 75, 70D, 75D, 90D, P90D
2015 Tesla Model S
Cheapest Insurance Companies
Average Annual Cost
Cincinnati Insurance
$722
Texas Farm Bureau
$767
Oklahoma Farmers Union
$985
Mercury
$1,000
Quincy Mutual
$1,107
Erie
$1,591
Progressive
$1,676
State Farm
$1,682
USAA
$1,690
Safe Auto
$1,819
Nationwide
$1,923
Tennessee Farmers
$2,084
Compare all 2015 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$2,127List Price
$69,900Trims Available
60, 70D, 85, 85D, 90D, P85D, P90D
2014 Tesla Model S
Cheapest Insurance Companies
Average Annual Cost
Cincinnati Insurance
$746
Texas Farm Bureau
$803
Mercury
$1,018
Quincy Mutual
$1,079
Erie
$1,198
Oklahoma Farmers Union
$1,356
USAA
$1,677
Acuity
$1,684
Vermont Mutual
$1,789
Tennessee Farmers
$1,797
Arbella
$1,889
Country
$1,895
Compare all 2014 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$1,955List Price
$69,900Trims Available
60, 85, Base, P85, Performance, P85D
2013 Tesla Model S
Cheapest Insurance Companies
Average Annual Cost
Erie
$973
Mercury
$999
Quincy Mutual
$1,051
Cincinnati Insurance
$1,140
Texas Farm Bureau
$1,316
USAA
$1,427
Progressive
$1,494
State Farm
$1,669
Arbella
$1,872
Acuity
$1,875
Tennessee Farmers
$1,878
Vermont Mutual
$1,943
Compare all 2013 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$2,232List Price
$59,900Trims Available
Base, Performance
2012 Tesla Model S
Cheapest Insurance Companies
Average Annual Cost
Mercury
$1,006
Erie
$1,017
Quincy Mutual
$1,027
Cincinnati Insurance
$1,182
USAA
$1,225
Texas Farm Bureau
$1,280
Progressive
$1,538
State Farm
$1,539
Acuity
$1,694
Vermont Mutual
$1,761
Arbella
$1,787
Tennessee Farmers
$1,813
Compare all 2012 Tesla Model S insurance rates.
Average Cost to Insure Per Year
$2,263List Price
$57,400Trims Available
Base, Performance, Signature, Signature Performance