2024 Tesla Model X Car Insurance Calculator

Learn and understand how different driver, vehicle, and coverage options impact the cost of car insurance for a 2024 Tesla Model X. Ajust options like homeowner status, credit history, and policy coverages to see how insurance rates are affected. Know immediately how the rate changes based on your selections and learn why rates increased or decreased.

The average estimated car insurance premium for a 2024 Tesla Model X is $2,944 per year, or about $245 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

$2,944

Cost Per Month

$245

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 X 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 2024 Tesla Model X.

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.

$2,944
Average Rate
Your Rate
$2,944

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 2024 Tesla Model X 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 2024 Tesla Model X is $2,944.

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.

2024 Tesla Model X Segment Comparison

The table below compares insurance rates for the 2024 Tesla Model X against all other models in the midsize luxury SUV segment. The Tesla Model X 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 X, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Tesla Model X.

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

2024 Tesla Model X Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Jaguar E-Pace$2,190-$754
2Cadillac XT5$2,210-$734
3Infiniti QX50$2,276-$668
4Cadillac XT6$2,292-$652
5Infiniti QX60$2,304-$640
6Mercedes-Benz AMG GLB35$2,308-$636
7Acura MDX$2,342-$602
8Lexus RX 350$2,350-$594
9Lexus TX 350$2,380-$564
10Lexus RX 350h$2,410-$534
11Lexus TX 500h$2,446-$498
12Lexus RX 500h$2,454-$490
13Lincoln Nautilus$2,472-$472
14Lexus RX 450h$2,476-$468
15Volvo V90$2,496-$448
16Audi SQ5$2,584-$360
17Mercedes-Benz GLE350$2,616-$328
18Lincoln Aviator$2,636-$308
19Lexus GX 550$2,664-$280
20Volvo V60$2,742-$202
21Land Rover Discovery Sport$2,746-$198
22Mercedes-Benz GLE450$2,758-$186
2024 Midsize Luxury SUV Average$2,782-$162
23Cadillac Lyriq$2,784-$160
24Volvo EX90$2,806-$138
25Audi Q7$2,842-$102
26Genesis GV80$2,854-$90
27Mercedes-Benz AMG GLC43$2,868-$76
28Audi e-tron$2,920-$24
29Tesla Model X$2,944--
30BMW X5$2,992$48
31Audi Q8$3,012$68
32Land Rover Discovery$3,026$82
33Mercedes-Benz AMG GLE53$3,046$102
34Audi SQ7$3,148$204
35BMW iX$3,192$248
36BMW X6$3,272$328
37Land Rover Range Rover Sport$3,410$466
38Audi RS 6$3,482$538
39Porsche Cayenne$3,506$562
40BMW XM$3,844$900
41Mercedes-Benz AMG GLE63$3,948$1,004

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.

2024 Model X Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 Tesla Model X.

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.

2024 Tesla Model X Insurance Rates by Trim Level
2024 Tesla Model X Trim Level Annual Premium Cost Per Month
Base AWD$2,846$237
Plaid AWD$3,040$253

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 2024 Tesla Model X for different driver ages.

2024 Tesla Model X Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,869$822
17$9,639$803
18$8,802$734
19$7,992$666
20$6,205$517
21$5,934$495
22$5,362$447
23$4,401$367
24$4,179$348
25$3,412$284
30$3,158$263
35$3,024$252
40$2,944$245
45$2,744$229
50$2,592$216
55$2,416$201
60$2,420$202
65$2,564$214
70$2,724$227
75$3,138$262
80$3,808$317

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 X trim levels.