Tesla Insurance Cost by Model (2026)
Teslas are expensive to insure — typically 37–48% more than a comparable gas car. The reasons: high repair costs, manufacturer-only parts, sensor-laden bumpers that need recalibration after a fender-bender, and limited certified body shops. Here's what full coverage runs by model in 2026, against a comparable gas car at about $2,200/year ($183/mo).
| Model | Avg / year | Avg / month | vs gas car |
|---|---|---|---|
| Tesla Model 3 | $4,200 | $350 | +$2,000 |
| Tesla Model Y | $3,900 | $325 | +$1,700 |
| Tesla Model S | $4,900 | $408 | +$2,700 |
| Tesla Model X | $4,900 | $408 | +$2,700 |
| Tesla Cybertruck | $4,500 | $375 | +$2,300 |
Full-coverage national averages (Insurify / insurance.com 2026). Your rate depends on state, driving record, age, and coverage — these are starting points.
How to lower it
- Shop around every renewal — Tesla quotes vary wildly between carriers.
- Tesla Insurance (where available) uses your real-time Safety Score and is often cheaper for safe drivers.
- Raise your deductible, bundle with home/renters, and confirm the anti-theft/Sentry discounts.
Insurance is one of the biggest line items working against EV savings — and it's fully editable in our cost-of-ownership calculator, which auto-fills the right premium for whichever model you pick.