Tesla Model S Insurance Cost
The Tesla Model S is a electric luxury sedan with an average insurance cost of $3,150/yr. It carries a 5/5 NHTSA safety rating and medium theft risk. See how costs break down by year below.
Quote My Model S$3,150/yr
Avg. Annual Insurance
5/5 NHTSA
Safety Rating
Medium
Theft Risk
Electric Luxury Sedan
Body Type
Insurance Cost by Year — Tesla Model S
About Tesla Model S Insurance
The Tesla Model S is a popular electric luxury sedan that averages $3,150/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 S is considered a very safe vehicle by insurers. Strong safety ratings can qualify you for discounts with many carriers. The medium theft risk also has a moderate impact on comprehensive coverage costs.
Insurance costs vary by model year — newer Model Ss (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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