2024 Tesla Model 3 Insurance Cost
The 2024 Tesla Model 3 averages $2,580/yr in annual insurance premiums. At 2 years old, this electric sedan costs the same as than the model's overall average of $2,580/yr.
Quote My 2024 Model 3$2,580/yr
Avg. Annual Insurance
5/5 NHTSA
Safety Rating
Low
Theft Risk
Electric Sedan
Body Type
2 years old
Vehicle Age
Insurance Tips for Your 2024 Tesla Model 3
At 2 years old, the 2024 Model 3 has depreciated enough that you might consider dropping comprehensive coverage if the car's value is low — but check your loan requirements first.
The Model 3's low theft risk helps keep comprehensive coverage affordable.
With a 5/5 NHTSA safety rating, ask your insurer about safety feature discounts — many carriers offer 5-10% off for vehicles with advanced driver assistance systems.
Bundle your auto and home (or renters) insurance to save 10-25% on both policies.
Compare quotes from at least 3-5 carriers. Rates for the same vehicle can vary by $500+ between companies.
Frequently Asked Questions
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