- Tesla Model X insurance rates average $3,016 per year, or around $251 per month, depending on driver age and location.
- Drivers can find the cheapest Tesla Model X insurance on the base AWD trim level at $2,916 per year. The Model X Plaid AWD has the highest rates at $3,116 per year.
- The Model X ranks 29th out of 41 vehicles in the midsize luxury SUV class for insurance affordability.
How much does Tesla Model X insurance cost?
Tesla Model X insurance costs on average $3,016 a year, or $251 monthly. With the average midsize luxury SUV costing $2,850 a year to insure, the Tesla Model X could cost around $166 more per year, depending on coverage levels.
The chart below displays average car insurance rates for a 2024 Tesla Model X using a range of driver ages, deductible levels, and risk profiles.
What is the cheapest Tesla Model X insurance?
The Long Range model of the 2024 Tesla Model X has the cheapest car insurance rates, costing an average of $200 less per year to insure than the Performance model. Average car insurance cost for the two models average $2,916 and $3,116, respectively.
Semi-annual and monthly car insurance rate averages for the Model X are shown in the table below, along with the annual policy cost.
| 2024 Tesla Model X Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| Base AWD | $2,916 | $243 |
| Plaid AWD | $3,116 | $260 |
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. Updated October 24, 2025
Is Tesla Model X car insurance expensive?
When compared to popular vehicles in the midsize luxury SUV segment, car insurance rates for a Tesla Model X cost $610 more per year than the Lexus RX 350, $52 less than the BMW X5, $620 more than the Acura MDX, and $752 more than the Cadillac XT5.
The Tesla Model X ranks 29th out of 41 comparison vehicles in the midsize luxury SUV class. The Model X costs an estimated $3,016 per year to insure for full coverage, while the segment average cost is $2,850 annually, a difference of $166 per year.
The chart below shows how average Tesla Model X car insurance rates compare to the top 10 best-selling midsize luxury SUVs. A complete table comparing insurance cost for the Model X to all 41 models in the 2024 midsize luxury SUV category in also included following the chart.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Jaguar E-Pace | $2,242 | -$774 |
| 2 | Cadillac XT5 | $2,264 | -$752 |
| 3 | Infiniti QX50 | $2,330 | -$686 |
| 4 | Cadillac XT6 | $2,348 | -$668 |
| 5 | Infiniti QX60 | $2,358 | -$658 |
| 6 | Mercedes-Benz AMG GLB35 | $2,364 | -$652 |
| 7 | Acura MDX | $2,396 | -$620 |
| 8 | Lexus RX 350 | $2,406 | -$610 |
| 9 | Lexus TX 350 | $2,440 | -$576 |
| 10 | Lexus RX 350h | $2,468 | -$548 |
| 11 | Lexus TX 500h | $2,506 | -$510 |
| 12 | Lexus RX 500h | $2,514 | -$502 |
| 13 | Lincoln Nautilus | $2,534 | -$482 |
| 14 | Lexus RX 450h | $2,538 | -$478 |
| 15 | Volvo V90 | $2,558 | -$458 |
| 16 | Audi SQ5 | $2,646 | -$370 |
| 17 | Mercedes-Benz GLE350 | $2,680 | -$336 |
| 18 | Lincoln Aviator | $2,698 | -$318 |
| 19 | Lexus GX 550 | $2,728 | -$288 |
| 20 | Volvo V60 | $2,808 | -$208 |
| 21 | Land Rover Discovery Sport | $2,814 | -$202 |
| 22 | Mercedes-Benz GLE450 | $2,826 | -$190 |
| 23 | Cadillac Lyriq | $2,852 | -$164 |
| 24 | Volvo EX90 | $2,876 | -$140 |
| 25 | Audi Q7 | $2,912 | -$104 |
| 26 | Genesis GV80 | $2,926 | -$90 |
| 27 | Mercedes-Benz AMG GLC43 | $2,938 | -$78 |
| 28 | Audi e-tron | $2,994 | -$22 |
| 29 | Tesla Model X | $3,016 | -- |
| 30 | BMW X5 | $3,068 | $52 |
| 31 | Audi Q8 | $3,082 | $66 |
| 32 | Land Rover Discovery | $3,100 | $84 |
| 33 | Mercedes-Benz AMG GLE53 | $3,120 | $104 |
| 34 | Audi SQ7 | $3,224 | $208 |
| 35 | BMW iX | $3,272 | $256 |
| 36 | BMW X6 | $3,350 | $334 |
| 37 | Land Rover Range Rover Sport | $3,492 | $476 |
| 38 | Audi RS 6 | $3,564 | $548 |
| 39 | Porsche Cayenne | $3,594 | $578 |
| 40 | BMW XM | $3,938 | $922 |
| 41 | Mercedes-Benz AMG GLE63 | $4,046 | $1,030 |
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 vehicle from the 2024 model year. Updated October 24, 2025
Tesla Model X insurance rates for 2016 to 2024 models
The next table details estimated full coverage auto insurance policy costs for a Tesla Model X for a range of driver ages, from the 2016 to 2024 model years.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2024 Tesla Model X | $5,912 | $3,016 | $2,480 |
| 2023 Tesla Model X | $5,836 | $2,894 | $2,386 |
| 2022 Tesla Model X | $5,976 | $2,964 | $2,440 |
| 2021 Tesla Model X | $5,962 | $2,958 | $2,440 |
| 2020 Tesla Model X | $5,772 | $2,864 | $2,362 |
| 2019 Tesla Model X | $5,370 | $2,666 | $2,206 |
| 2018 Tesla Model X | $5,316 | $2,674 | $2,208 |
| 2017 Tesla Model X | $5,128 | $2,578 | $2,132 |
| 2016 Tesla Model X | $4,450 | $2,262 | $1,870 |
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 Tesla Model X trim levels for each model year. Updated October 24, 2025
