2021 Tesla Model Y Car Insurance Calculator

Explore and learn how choices you make impact the insurance cost for a 2021 Tesla Model Y. Modify choices like driver gender, whether you're married or single, the state and city you live in, and homeowner status. Instantly see if the choice you made has a positive or negative impact on rates and exactly why.

The average estimated car insurance premium for a 2021 Tesla Model Y is $2,750 per year, or about $229 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

$2,750

Cost Per Month

$229

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 Y 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 2021 Tesla Model Y.

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.

$2,750
Average Rate
Your Rate
$2,750

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 2021 Tesla Model Y 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 2021 Tesla Model Y is $2,750.

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.

2021 Tesla Model Y vs. the Midsize SUV Segment

The table below compares insurance rates for the 2021 Tesla Model Y against all other models in the midsize SUV segment. The Tesla Model Y 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 Y, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Tesla Model Y.

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

2021 Tesla Model Y Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Ford Edge$1,782-$968
2Honda Passport$1,806-$944
3Chevrolet Blazer$1,816-$934
4Kia Telluride$1,832-$918
5Volkswagen Atlas$1,846-$904
6Subaru Ascent$1,860-$890
7Nissan Murano$1,920-$830
8Honda Pilot$1,928-$822
9Buick Enclave$2,000-$750
10Hyundai Palisade$2,008-$742
11Subaru Outback$2,052-$698
12Ford Explorer$2,058-$692
13GMC Acadia$2,070-$680
14Chevrolet Traverse$2,084-$666
15Kia Sorento$2,094-$656
16Toyota 4Runner$2,112-$638
2021 Midsize SUV Average$2,115-$635
17Nissan Pathfinder$2,160-$590
18Mazda CX-9$2,170-$580
19Mitsubishi Outlander Sport$2,178-$572
20Toyota Venza$2,194-$556
21Toyota Highlander$2,202-$548
22Hyundai Santa Fe$2,210-$540
23Dodge Durango$2,290-$460
24Jeep Grand Cherokee$2,350-$400
25Ford Bronco$2,366-$384
26Jeep Wrangler$2,392-$358
27Jeep Cherokee$2,394-$356
28Mitsubishi Outlander PHEV$2,402-$348
29Tesla Model Y$2,750--

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.

2021 Model Y Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2021 Tesla Model Y.

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.

2021 Tesla Model Y Insurance Rates by Trim Level
2021 Tesla Model Y Trim Level Annual Premium Cost Per Month
Performance$2,730$228
Long Range$2,772$231

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 2021 Tesla Model Y for different driver ages.

2021 Tesla Model Y Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,813$818
17$9,531$794
18$8,585$715
19$7,793$649
20$5,976$498
21$5,700$475
22$5,105$425
23$4,169$347
24$3,947$329
25$3,200$267
30$2,940$245
35$2,826$236
40$2,750$229
45$2,570$214
50$2,428$202
55$2,268$189
60$2,274$190
65$2,428$202
70$2,620$218
75$3,078$257
80$3,798$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 Y trim levels.