2022 Tesla Model S Car Insurance Calculator

Learn visually how changes to driver risk factors and vehicle options affect car insurance rates for a 2022 Tesla Model S. Customize rate factors like coverage deductibles, age of the driver, policy discounts, and Model S trim level. Get instant feedback if the option you change raises or lowers your rate.

The average estimated car insurance premium for a 2022 Tesla Model S is $3,408 per year, or about $284 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

$3,408

Cost Per Month

$284

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 2022 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.

$3,408
Average Rate
Your Rate
$3,408

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 2022 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 2022 Tesla Model S is $3,408.

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.

2022 Tesla Model S Segment Comparison

The table below compares insurance rates for the 2022 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.

2022 Tesla Model S Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura ILX$1,968-$1,440
2Lexus RC 300$2,370-$1,038
3Mercedes-Benz AMG CLA35$2,424-$984
4BMW i4$2,438-$970
5Cadillac CT5$2,446-$962
6Audi A3$2,472-$936
7Mercedes-Benz AMG CLA45$2,482-$926
8Mercedes-Benz CLA250$2,494-$914
9Lexus ES 250$2,504-$904
10Lexus IS 300$2,510-$898
11Lexus ES 350$2,518-$890
12Audi S5$2,596-$812
13Audi S4$2,612-$796
14BMW 530i$2,650-$758
15Lexus ES 300h$2,660-$748
16Genesis G80$2,674-$734
17Mercedes-Benz E350$2,676-$732
18BMW 530e$2,702-$706
19BMW 540i$2,708-$700
20BMW M440i$2,720-$688
21Mercedes-Benz E450$2,732-$676
22Audi A6$2,804-$604
23Jaguar XF$2,812-$596
2022 Midsize Luxury Car Average$2,819-$589
24Lexus IS 500$2,846-$562
25BMW 430i$2,876-$532
26Mercedes-Benz CLS450$2,896-$512
27Infiniti Q50$3,008-$400
28Audi RS 5$3,040-$368
29Mercedes-Benz AMG C43$3,060-$348
30Audi S6$3,082-$326
31Mercedes-Benz AMG C63$3,156-$252
32Audi A7$3,252-$156
33BMW M550i$3,282-$126
34Lexus LC 500h$3,348-$60
35Tesla Model S$3,408--
36Audi S7$3,526$118
37BMW M8$3,656$248
38BMW M5$3,696$288

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.

2022 Model S Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2022 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.

2022 Tesla Model S Insurance Rates by Trim Level
2022 Tesla Model S Trim Level Annual Premium Cost Per Month
AWD$3,198$267
Plaid AWD$3,618$302

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 2022 Tesla Model S for different driver ages.

2022 Tesla Model S Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,689$974
17$11,385$949
18$10,328$861
19$9,387$782
20$7,250$604
21$6,930$578
22$6,239$520
23$5,124$427
24$4,856$405
25$3,956$330
30$3,650$304
35$3,502$292
40$3,408$284
45$3,178$265
50$3,006$251
55$2,802$234
60$2,808$234
65$2,982$249
70$3,190$266
75$3,706$309
80$4,526$377

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.