Tesla Model 3 Insurance Cost
The Tesla Model 3 is a electric sedan with an average insurance cost of $2,580/yr. It carries a 5/5 NHTSA safety rating and low theft risk. See how costs break down by year below.
Quote My Model 3$2,580/yr
Avg. Annual Insurance
5/5 NHTSA
Safety Rating
Low
Theft Risk
Electric Sedan
Body Type
Insurance Cost by Year — Tesla Model 3
About Tesla Model 3 Insurance
The Tesla Model 3 is a popular electric sedan that averages $2,580/yr in annual insurance premiums. This places it above the national average of approximately $1,770 per year.
With a 5/5 NHTSA safety rating, the Model 3 is considered a very safe vehicle by insurers. Strong safety ratings can qualify you for discounts with many carriers. The low theft risk also helps keep comprehensive coverage affordable.
Insurance costs vary by model year — newer Model 3s (2026-2025) cost about 5-10% more due to higher replacement values, while older models (2020-2021) can be 10-15% cheaper as they depreciate.
Frequently Asked Questions
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