2016 Tesla Model S Car Insurance Calculator

See in real-time how changing risk factors affect car insurance rates for a 2016 Tesla Model S. Experiment with options like policy coverages, liability limits, and deductibles to see how rates are affected. Instantly discover if the change you make has positive or negative consequenses.

The average estimated car insurance premium for a 2016 Tesla Model S is $2,590 per year, or about $216 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,590

Cost Per Month

$216

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Tesla Model S Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2016 Tesla Model S.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,590
Average Rate
Your Rate
$2,590

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2016 Tesla Model S trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2016 Tesla Model S is $2,590.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2016 Tesla Model S Segment Comparison

The table below compares insurance rates for the 2016 Tesla Model S against all other models in the midsize luxury car segment. The Tesla Model S is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Tesla Model S, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Tesla Model S.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2016 Tesla Model S Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Lexus ES 350$1,618-$972
2Acura ILX$1,686-$904
3Lexus IS 300$1,792-$798
4Volvo S80$1,834-$756
5Mercedes-Benz C350E$1,842-$748
6Lexus RC 300$1,856-$734
7Audi A3$1,888-$702
8Mercedes-Benz AMG CLA45$1,910-$680
9Lincoln MKZ$1,914-$676
10Lexus ES 300H$1,924-$666
11Audi A6$1,936-$654
12Mercedes-Benz CLA250$1,982-$608
13BMW 528i$2,020-$570
14Lexus GS 350$2,036-$554
15Mercedes-Benz E350$2,062-$528
16Audi S4$2,064-$526
17Mercedes-Benz SLK55 AMG$2,068-$522
18BMW 428xi$2,072-$518
19Jaguar XF$2,084-$506
20Cadillac ELR$2,090-$500
21Mercedes-Benz C450 AMG$2,100-$490
22BMW 428i$2,106-$484
23Audi S5$2,116-$474
24Hyundai Genesis$2,130-$460
25BMW 528xi$2,138-$452
26Infiniti Q50$2,144-$446
27BMW 535xi$2,150-$440
28BMW 435xi$2,174-$416
29Mercedes-Benz E250$2,192-$398
30Mercedes-Benz SL400$2,210-$380
31BMW Active 5$2,218-$372
32BMW 435i$2,224-$366
2016 Midsize Luxury Car Average$2,227-$363
33BMW 535d$2,250-$340
34Mercedes-Benz E400$2,300-$290
35BMW 535i$2,308-$282
36Mercedes-Benz E550$2,320-$270
37Audi S6$2,358-$232
38BMW 550i$2,362-$228
39Mercedes-Benz CLS400$2,436-$154
40BMW 550xi$2,452-$138
41Mercedes-Benz SL550$2,456-$134
42BMW 640i$2,490-$100
43Audi A7$2,504-$86
44BMW 640xi$2,510-$80
45BMW M5$2,518-$72
46Audi S7$2,522-$68
47Tesla Model S$2,590--
48Mercedes-Benz S550E$2,594$4
49BMW 650xi$2,610$20
50Lexus GS F$2,622$32
51BMW M6$2,796$206
52Mercedes-Benz SL63 AMG$2,876$286
53Mercedes-Benz SL65 AMG$3,584$994

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2016 Model S Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2016 Tesla Model S.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2016 Tesla Model S Insurance Rates by Trim Level
2016 Tesla Model S Trim Level Annual Premium Cost Per Month
60 kWh Sedan$2,292$191
70 kWh Sedan$2,342$195
75D Sedan$2,342$195
70D Sedan$2,452$204
85 kWh Sedan$2,452$204
85D Sedan$2,516$210
90D AWD$2,694$225
P85D Sedan$2,790$233
P90D AWD$2,902$242
P100D AWD$3,128$261

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2016 Tesla Model S for different driver ages.

2016 Tesla Model S Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,927$744
17$8,676$723
18$7,835$653
19$7,133$594
20$5,502$459
21$5,257$438
22$4,729$394
23$3,894$325
24$3,687$307
25$3,006$251
30$2,766$231
35$2,660$222
40$2,590$216
45$2,418$202
50$2,290$191
55$2,132$178
60$2,138$178
65$2,270$189
70$2,436$203
75$2,836$236
80$3,462$289

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Tesla Model S trim levels.