- Tesla Model X insurance rates average $2,064 per year, or around $172 per month, depending on driver age and location.
- Drivers can find the cheapest Tesla Model X insurance on the AWD trim level at $2,034 per year. The Model X Plaid AWD has the highest rates at $2,092 per year.
- The Model X ranks #29 out of 36 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 $2,064 a year, or $172 monthly. With the average midsize luxury SUV costing $1,843 a year to insure, the Tesla Model X could cost around $221 more per year, depending on coverage levels.
The chart below displays average car insurance rates for a 2022 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 2022 Tesla Model X has the cheapest car insurance rates, costing an average of $58 less per year to insure than the Performance model. Average car insurance cost for the two models average $2,034 and $2,092, 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.
| Tesla Model X Trim Level | Annual Policy | 6-month Policy | Per Month |
|---|---|---|---|
| AWD | $2,034 | $1,017 | $170 |
| Plaid AWD | $2,092 | $1,046 | $174 |
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 $494 more per year than the Lexus RX 350, $126 more than the BMW X5, $486 more than the Acura MDX, and $564 more than the Cadillac XT5.
The Tesla Model X ranks #29 out of 36 comparison vehicles in the midsize luxury SUV class. The Model X costs an estimated $2,064 per year to insure for full coverage, while the segment average cost is $1,843 annually, a difference of $221 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 36 models in the 2022 midsize luxury SUV category in also included following the chart.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Cadillac XT5 | $1,500 | -$564 |
| 2 | Jaguar E-Pace | $1,564 | -$500 |
| 3 | Lexus RX 350 | $1,570 | -$494 |
| 4 | Acura MDX | $1,578 | -$486 |
| 5 | Lincoln Nautilus | $1,594 | -$470 |
| 6 | Lexus RX 450h | $1,608 | -$456 |
| 7 | Infiniti QX50 | $1,614 | -$450 |
| 8 | Lexus RX 350L | $1,628 | -$436 |
| 9 | Cadillac XT6 | $1,640 | -$424 |
| 10 | Volvo V60 | $1,648 | -$416 |
| 11 | Land Rover Discovery | $1,660 | -$404 |
| 12 | Land Rover Discovery Sport | $1,662 | -$402 |
| 13 | Lexus RX 450hL | $1,676 | -$388 |
| 14 | Volvo V90 | $1,688 | -$376 |
| 15 | Lincoln Aviator | $1,720 | -$344 |
| 16 | Mercedes-Benz AMG GLB35 | $1,740 | -$324 |
| 17 | Mercedes-Benz GLE450 | $1,744 | -$320 |
| 18 | Lexus GX 460 | $1,766 | -$298 |
| 19 | Infiniti QX60 | $1,774 | -$290 |
| 20 | Mercedes-Benz GLE350 | $1,784 | -$280 |
| 21 | Genesis GV80 | $1,818 | -$246 |
| 22 | Mercedes-Benz AMG GLC43 | $1,846 | -$218 |
| 23 | Audi SQ5 | $1,874 | -$190 |
| 24 | BMW X5 | $1,938 | -$126 |
| 25 | Audi Q8 | $1,966 | -$98 |
| 26 | Audi Q7 | $1,998 | -$66 |
| 27 | Land Rover Range Rover Sport | $2,020 | -$44 |
| 28 | BMW iX | $2,034 | -$30 |
| 29 | Tesla Model X | $2,064 | -- |
| 30 | Audi SQ7 | $2,124 | $60 |
| 31 | Audi e-tron | $2,144 | $80 |
| 32 | Mercedes-Benz AMG GLE53 | $2,150 | $86 |
| 33 | BMW X6 | $2,200 | $136 |
| 34 | Mercedes-Benz AMG GLE63 | $2,292 | $228 |
| 35 | Porsche Cayenne | $2,314 | $250 |
| 36 | Audi RS 6 | $2,390 | $326 |
Tesla Model X insurance rates for 2016 to 2022 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 2022 model years.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2022 Tesla Model X | $4,108 | $2,064 | $1,844 |
| 2021 Tesla Model X | $4,066 | $2,042 | $1,824 |
| 2020 Tesla Model X | $3,984 | $2,000 | $1,786 |
| 2019 Tesla Model X | $3,778 | $1,898 | $1,694 |
| 2018 Tesla Model X | $3,826 | $1,938 | $1,728 |
| 2017 Tesla Model X | $3,744 | $1,890 | $1,686 |
| 2016 Tesla Model X | $3,326 | $1,692 | $1,506 |
