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2024 Tesla Model Y Insurance Cost

The 2024 Tesla Model Y averages $2,680/yr in annual insurance premiums. At 2 years old, this electric suv costs the same as than the model's overall average of $2,680/yr.

Quote My 2024 Model Y

$2,680/yr

Avg. Annual Insurance

5/5 NHTSA

Safety Rating

Low

Theft Risk

Electric SUV

Body Type

2 years old

Vehicle Age

Insurance Tips for Your 2024 Tesla Model Y

1

At 2 years old, the 2024 Model Y has depreciated enough that you might consider dropping comprehensive coverage if the car's value is low — but check your loan requirements first.

2

The Model Y's low theft risk helps keep comprehensive coverage affordable.

3

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.

4

Bundle your auto and home (or renters) insurance to save 10-25% on both policies.

5

Compare quotes from at least 3-5 carriers. Rates for the same vehicle can vary by $500+ between companies.

Other Tesla Model Y Model Years

Frequently Asked Questions

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