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Tesla Model X Insurance Cost

The Tesla Model X is a electric luxury suv with an average insurance cost of $3,280/yr. It carries a 5/5 NHTSA safety rating and medium theft risk. See how costs break down by year below.

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$3,280/yr

Avg. Annual Insurance

5/5 NHTSA

Safety Rating

Medium

Theft Risk

Electric Luxury SUV

Body Type

About Tesla Model X Insurance

The Tesla Model X is a popular electric luxury suv that averages $3,280/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 X 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 Xs (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.

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