If you’ve looked at a Tesla Model X lately, especially a new one, you’ve probably noticed that the sticker price isn’t the only big number. Tesla Model X insurance cost is among the highest of any mainstream vehicle on the road today, and it can easily be the second‑largest line item in your yearly ownership budget after the payment itself.
Key takeaway
Tesla Model X insurance cost at a glance
How Model X insurance compares to the average car
How much is insurance for a Tesla Model X in 2025–2026?
Different sources calculate averages a bit differently, but they all agree on one thing: a Tesla Model X sits near the top of the insurance‑cost charts.
Recent Tesla Model X insurance cost estimates
These third‑party data points give you a realistic ballpark for 2024–2026, assuming full‑coverage policies for typical drivers.
| Source & context | Coverage type / year | Average cost |
|---|---|---|
| Insurance.com (2024 Model X, full coverage) | Annual, 2024 model year | $4,812/year (~$401/month) |
| Insurance.com (multi‑year range) | Earlier 2020–2023 model years | ~$4,200–$4,800/year |
| Insurify (all Model X, full coverage) | Average across recent model years | $501/month (~$6,000/year) |
| Insurance.com (Model X across states) | State‑level 2026 average | ~$4,800/year, but $3,000–$7,000+ by state |
| U.S. average car insurance (all vehicles) | Full coverage, 2024–2025 | Roughly $2,400–$2,700/year |
Actual quotes will vary with age, driving record, credit, mileage, and location.
Put simply, if you’re a typical driver in a typical U.S. state, budgeting $4,000–$5,000 per year for full‑coverage Tesla Model X insurance is reasonable. In higher‑cost states, urban areas, or with at‑risk driving profiles, premiums north of $6,000 per year are not unusual.
Don’t rely on a single quote
Why Tesla Model X insurance costs more than average
The Model X checks just about every box that makes actuaries a little nervous: it’s heavy, powerful, expensive, and loaded with advanced technology. All of that makes it fantastic to drive, but it also means insurers face big repair bills when something goes wrong.
Six big reasons Model X insurance is so high
You can’t change all of these, but understanding them helps you control what you can.
1. High vehicle value
2. Complex tech & repairs
3. Performance and weight
4. Legal & medical inflation
5. EV‑specific risk data
6. Theft, vandalism & controversy
It’s not just a “Tesla tax”
How model year, coverage level, and Plaid trim change your rate
Once you zoom in from national averages, three levers matter more than almost anything else: what year your Model X is, whether it’s Plaid or a standard dual‑motor variant, and how much coverage you carry.
Estimated full‑coverage costs by Model X year & trim
Illustrative ranges based on recent market data for typical drivers with clean records. Your numbers may fall outside these ranges.
| Model year & trim | Vehicle value context | Rough annual full‑coverage range |
|---|---|---|
| 2025–2026 Model X Plaid | Highest price, highest performance | $5,000–$7,500+ |
| 2025–2026 Model X (non‑Plaid) | New, still expensive but less extreme | $4,200–$6,500 |
| 2022–2024 Model X | Late‑model used, still high replacement cost | $3,800–$5,800 |
| 2018–2021 Model X | Older used, more depreciation baked in | $3,200–$4,800 |
| 2016–2017 Model X | First‑generation, lowest current values | $2,800–$4,200 |
Older used Model X models can sometimes cut insurance cost almost in half compared with a brand‑new Plaid.
Coverage level matters as much as the car
If you finance or lease a Model X, your lender will almost certainly require full coverage, that means comprehensive and collision, plus higher liability limits.
- Liability only can be dramatically cheaper, but it won’t cover damage to your own Tesla.
- Full coverage is what pushes many Model X policies into the $4,000–$6,000 per year band.
Deductibles & extras
Your choices inside a full‑coverage policy also move the needle:
- Higher deductibles (e.g., $1,000 instead of $500) can cut premiums by hundreds of dollars per year.
- Add‑ons like rental reimbursement, glass coverage, and OEM parts endorsements add cost but may be worth it on a high‑end EV.
Used Model X sweet spot
Tesla Model X insurance cost by state and location
Where you garage your Tesla matters almost as much as which Tesla you buy. A driver in Idaho, Maine, or Virginia might pay thousands less per year for the same Model X than someone in Louisiana, Texas, or California.
Examples: Tesla Model X insurance cost by state
Approximate state‑level averages for a Tesla Model X, based on recent data from national insurance analyses. These assume full coverage and a typical driver profile.
| State | Avg. annual Model X premium | How it compares |
|---|---|---|
| California | ~$7,000+ | Among the highest in the country; dense traffic and high repair costs. |
| Texas | ~$7,200+ | Also near the top; big claim severity and weather‑related losses. |
| Louisiana | ~$7,300+ | Consistently one of the most expensive states for car insurance overall. |
| Colorado | ~$6,000 | Elevated due to severe‑weather and crash trends. |
| New York | ~$4,000 | High, but sometimes slightly below the Model X national average. |
| Virginia | ~$3,000 | Significantly below the national average for Teslas. |
| Idaho | ~$3,100 | One of the lowest Model X averages in the U.S. |
If you live in a high‑cost state, your Model X insurance bill can easily exceed $6,000–$7,000 per year, sometimes more than a typical car payment.
- Urban ZIP codes with more congestion, theft, and vandalism push rates higher than rural areas in the same state.
- Garaging indoors, especially in a private home garage, can modestly improve quotes compared with street parking.
- States with stricter liability requirements or high legal/medical costs often see steeper increases for high‑value vehicles like the Model X.
City vs suburb vs rural
Tesla Insurance vs traditional insurers for the Model X
In some states, Tesla offers its own branded insurance, often priced with heavy emphasis on your real‑world driving behavior. In others, you’ll be choosing from familiar names like State Farm, GEICO, Progressive, or regional carriers.
How Tesla Insurance prices Model X risk
- Uses telemetry from your car to build a driving score (following distance, hard braking, nighttime driving, etc.).
- Potentially rewards safe habits more quickly than traditional carriers.
- Can be competitive in some states for clean‑record drivers who don’t mind data sharing.
Traditional insurers: pros and cons
- Broader availability and more flexibility with bundling home, renters, or umbrella policies.
- Some carriers still treat Teslas cautiously, leading to higher base premiums.
- Others have become more comfortable with EV risk and may undercut Tesla Insurance, especially on used Model X models.
Which is cheaper? It depends.
9 ways to lower your Tesla Model X insurance cost
You can’t change the fact that a Model X is a high‑value luxury EV, but you can pull a surprising number of levers to reduce what you pay each year. Think of it as tuning the economics of ownership the same way you’d tweak your charging strategy.
Practical levers that actually move the needle
1. Right‑size your coverage limits
Avoid both extremes: bare‑bones state minimums are risky for a high‑value EV, but over‑insuring with ultra‑high limits and every add‑on can bloat your bill. Start with solid 100/300/100 liability and full coverage, then adjust based on your net worth and risk tolerance.
2. Adjust your deductibles
Bumping your comprehensive and collision deductibles from $500 to $1,000 can noticeably reduce premiums. Just make sure you’ve set aside enough cash to cover that higher out‑of‑pocket cost if you need to file a claim.
3. Shop multiple carriers (including regional ones)
Don’t assume the big national brand that insures your other car will be cheapest for a Model X. Many smaller regional carriers have become surprisingly competitive on EVs.
4. Consider a used Model X instead of new
Because insurance is tied to replacement value, a late‑model used Tesla Model X often costs less to insure than a brand‑new Plaid, even with similar safety features.
5. Take advantage of telematics & safe‑driver programs
Usage‑based programs that track your driving can feel intrusive, but for low‑mileage or consistently cautious drivers, they can generate 10–30% discounts over time.
6. Re‑quote annually as the car ages
As your Model X depreciates, there’s no reason to keep paying a premium based on year‑one value. Make a habit of re‑shopping coverage every 12 months or after major life changes.
7. Improve the risk profile around the car
Garaging the vehicle overnight, installing home security cameras, or adding anti‑theft devices where applicable can all modestly reduce rates or unlock discounts.
8. Bundle policies strategically
Bundling your homeowners, renters, or umbrella policy with the same carrier can soften the blow of an expensive Tesla. Just confirm that the bundle discount is real compared with standalone quotes elsewhere.
9. Drive like you’re paying by the mile
Because so many carriers now look at harsh braking, speeding, and nighttime driving, smoothing out your habits can cut future renewal quotes, especially if you use Tesla Insurance or another telematics‑heavy product.
Think in terms of total cost of ownership
Insuring a used Tesla Model X: what to know with Recharged
If you’re shopping a used Tesla Model X, insurance is one of the most important variables to bake into your budget up front. The good news is that a clean, late‑model used X often hits a better value point than buying new, both on price and on insurance.
How Recharged helps you de‑risk Model X ownership
Because understanding the car’s condition is half the insurance battle.
Verified battery health
Transparent pricing & TCO
EV‑specialist guidance
Because Recharged is a digital‑first marketplace for used EVs, you can browse Model X inventory, review Recharged Score Reports, and discuss financing and trade‑in options entirely online. That gives you room to collect real insurance quotes on specific VINs before you sign anything.
Use VIN‑specific quotes
FAQ: Tesla Model X insurance costs
Common questions about Tesla Model X insurance
Bottom line: Is Tesla Model X insurance worth it?
The Tesla Model X is an outlier, in performance, in technology, and yes, in insurance cost. For many households, full‑coverage premiums that hover between $4,000 and $6,000 per year can be a shock, especially if you’re cross‑shopping against conventional SUVs.
The key is to put those premiums in context. When you factor in lower fueling and maintenance costs, the right used Model X at the right price can still pencil out over a five‑ to seven‑year horizon. And by shopping multiple insurers, tuning your coverage, and considering a used Model X with verified battery health, you can keep the insurance line item from overwhelming the rest of your ownership budget.
If you’re ready to explore that path, Recharged makes it easier. Browse used Tesla Model X inventory online, review Recharged Score battery‑health reports, line up financing and trade‑in options, and collect VIN‑specific insurance quotes before you buy. That way, you’re not just choosing the right EV, you’re choosing the right long‑term cost of ownership for your life.
