- Tesla Model X insurance rates average $2,242 per year, or around $187 per month, depending on driver age and location.
- Drivers can find the cheapest Tesla Model X insurance on the base AWD trim level at $2,160 per year. The Model X Plaid AWD has the highest rates at $2,322 per year.
- The Model X ranks 26th out of 37 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 $2,242 a year, or $187 monthly. With the average midsize luxury SUV costing $2,104 a year to insure, the Tesla Model X could cost around $138 more per year, depending on coverage levels.
The chart below displays average car insurance rates for a 2023 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 2023 Tesla Model X has the cheapest car insurance rates, costing an average of $162 less per year to insure than the Performance model. Average car insurance cost for the two models average $2,160 and $2,322, 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 | Six-Month Policy | Per Month |
|---|---|---|---|
| Base AWD | $2,160 | $1,080 | $180 |
| Plaid AWD | $2,322 | $1,161 | $194 |
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 $622 more per year than the Lexus RX 350, $46 less than the BMW X5, $442 more than the Acura MDX, and $522 more than the Cadillac XT5.
The Tesla Model X ranks 26th out of 37 comparison vehicles in the midsize luxury SUV class. The Model X costs an estimated $2,242 per year to insure for full coverage, while the segment average cost is $2,104 annually, a difference of $138 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 37 models in the 2023 midsize luxury SUV category in also included following the chart.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Lexus RX 350 | $1,620 | -$622 |
| 2 | Infiniti QX50 | $1,676 | -$566 |
| 3 | Cadillac XT5 | $1,720 | -$522 |
| 4 | Cadillac XT6 | $1,762 | -$480 |
| 5 | Acura MDX | $1,800 | -$442 |
| 6 | Lincoln Nautilus | $1,834 | -$408 |
| 7 | Lexus RX 350L | $1,850 | -$392 |
| 8 | Land Rover Discovery Sport | $1,854 | -$388 |
| 9 | Jaguar E-Pace | $1,856 | -$386 |
| 10 | Volvo V90 | $1,886 | -$356 |
| 11 | Lexus RX 450h | $1,908 | -$334 |
| 12 | Lexus GX 460 | $1,928 | -$314 |
| 13 | Lexus RX 450hL | $1,938 | -$304 |
| 14 | Volvo V60 | $1,946 | -$296 |
| 15 | Genesis GV80 | $1,986 | -$256 |
| 16 | Mercedes-Benz AMG GLB35 | $1,988 | -$254 |
| 17 | Audi SQ5 | $1,990 | -$252 |
| 18 | Lincoln Aviator | $2,008 | -$234 |
| 19 | Infiniti QX60 | $2,026 | -$216 |
| 20 | Mercedes-Benz GLE450 | $2,042 | -$200 |
| 21 | Mercedes-Benz GLE350 | $2,066 | -$176 |
| 22 | Land Rover Discovery | $2,074 | -$168 |
| 23 | Mercedes-Benz AMG GLC43 | $2,110 | -$132 |
| 24 | Audi Q7 | $2,158 | -$84 |
| 25 | Audi e-tron | $2,232 | -$10 |
| 26 | Tesla Model X | $2,242 | -- |
| 27 | Mercedes-Benz AMG GLE53 | $2,248 | $6 |
| 28 | BMW X5 | $2,288 | $46 |
| 29 | Audi Q8 | $2,298 | $56 |
| 30 | Land Rover Range Rover Sport | $2,312 | $70 |
| 31 | Audi SQ7 | $2,426 | $184 |
| 32 | BMW iX | $2,458 | $216 |
| 33 | BMW X6 | $2,508 | $266 |
| 34 | Porsche Cayenne | $2,528 | $286 |
| 35 | Mercedes-Benz AMG GLE63 | $2,650 | $408 |
| 36 | Audi RS 6 | $2,694 | $452 |
| 37 | BMW XM | $2,948 | $706 |
Tesla Model X insurance rates for 2016 to 2023 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 2023 model years.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 Tesla Model X | $4,470 | $2,242 | $2,004 |
| 2022 Tesla Model X | $4,562 | $2,288 | $2,044 |
| 2021 Tesla Model X | $4,550 | $2,284 | $2,036 |
| 2020 Tesla Model X | $4,486 | $2,250 | $2,008 |
| 2019 Tesla Model X | $4,192 | $2,108 | $1,880 |
| 2018 Tesla Model X | $4,246 | $2,148 | $1,912 |
| 2017 Tesla Model X | $4,084 | $2,070 | $1,840 |
| 2016 Tesla Model X | $3,652 | $1,854 | $1,654 |
