How much does car insurance cost for your Tesla Model 3? We collected quotes from thousands of drivers to find cheapest rate.
How much does car insurance cost for Tesla Model 3? Your age, location, driving history, education and marital status all play a major factor in the price you pay to insure your vehicle. We analyzed our car insurance rate data and calculated the average rate that you can expect to pay based on your age. We also looked at the average rate that some of the top car insurance companies are charging drivers. Keep in mind, these are just average and your actual price may vary. Check out more information about the Tesla Model 3 below.
The price you pay to insure your Tesla Model 3 can vary based on your age group. Here are the average rates you can expect to pay.
Year | 16-19 yr old | 20-29 yr old | 30-39 yr old | 40-49 yr old | 50-59 yr old | 60+ yr old |
2023 | $626.02 / mo | $559.83 / mo | $366.24 / mo | $308.54 / mo | $229.99 / mo | $210.48 / mo |
2022 | $749.82 / mo | $282.71 / mo | $215.92 / mo | $204.49 / mo | $194.05 / mo | $222.67 / mo |
2021 | $631.11 / mo | $276.86 / mo | $212.81 / mo | $214.11 / mo | $179.33 / mo | $194.04 / mo |
2020 | $357.56 / mo | $241.43 / mo | $194.86 / mo | $165.49 / mo | $169.85 / mo | $232.06 / mo |
2019 | $531.60 / mo | $269.72 / mo | $203.02 / mo | $193.28 / mo | $185.59 / mo | $184.34 / mo |
2018 | $375.30 / mo | $224.13 / mo | $169.82 / mo | $160.48 / mo | $166.86 / mo | $155.06 / mo |
2017 | $694.92 / mo | $173.05 / mo | $105.99 / mo | $129.48 / mo | $77.84 / mo | $176.26 / mo |
Insurance Company | 12 month Premium |
Mercury Insurance | $348.00 / year |
Safeco | $459.00 / year |
New York Central Mutual Fire | $860.00 / year |
Texas Farm Bureau Group | $888.00 / year |
Farm Bureau Mutual (IA Group) | $1,056.00 / year |
SafeAuto | $1,058.00 / year |
Plymouth Rock Assurance | $1,105.00 / year |
Capital Insurance Group | $1,149.00 / year |
PEMCO | $1,203.00 / year |
Direct Auto | $1,341.00 / year |
Average Cost to Insure
$828.80 / year
Cheapest Rate
$348.00 / year Mercury Insurance
Available Trims
4dr SEDAN (cyl)
Insurance Company | 12 month Premium |
Kemper Auto Premier | $268.00 / year |
Kemper Auto Premium | $790.00 / year |
Victoria | $921.00 / year |
American National P | $1,009.00 / year |
Mercury Insurance | $1,099.00 / year |
Titan | $1,117.00 / year |
Safeco | $1,216.00 / year |
Nodak Mutual | $1,254.00 / year |
Texas Farm Bureau Group | $1,440.00 / year |
Plymouth Rock Assurance | $1,553.00 / year |
Average Cost to Insure
$886.23 / year
Cheapest Rate
$268.00 / year Kemper Auto Premier
Available Trims
4dr SEDAN (cyl)
Insurance Company | 12 month Premium |
American National P | $703.00 / year |
Victoria | $1,000.00 / year |
Titan | $1,061.00 / year |
Concord Group | $1,062.00 / year |
Buckeye Insurance Group | $1,079.00 / year |
IMT Insurance Company | $1,230.00 / year |
Safeco | $1,318.00 / year |
Indiana Farmers Mutual Ins | $1,335.00 / year |
Texas Farm Bureau Group | $1,349.00 / year |
Partners Mutual Insurance Co | $1,404.00 / year |
Average Cost to Insure
$537.20 / year
Cheapest Rate
$703.00 / year American National P
Available Trims
4dr SEDAN (cyl)
Insurance Company | 12 month Premium |
Concord Group | $789.00 / year |
American National P&C | $1,005.00 / year |
Dairyland Auto 1 Month | $1,134.00 / year |
Rural Mutual Insurance | $1,166.00 / year |
NatGen PPA | $1,190.00 / year |
Mercury Insurance | $1,210.00 / year |
Virginia Farm Bureau | $1,311.00 / year |
Countryway Insurance | $1,325.00 / year |
American National P | $1,326.00 / year |
North Carolina Farm Bureau | $1,342.00 / year |
Average Cost to Insure
$648.67 / year
Cheapest Rate
$789.00 / year Concord Group
Available Trims
4dr SEDAN (cyl)
Insurance Company | 12 month Premium |
American National P | $604.00 / year |
Mercury Insurance | $621.00 / year |
American National P&C | $950.00 / year |
Tennessee Farmers | $987.00 / year |
West Bend Mutual | $1,092.00 / year |
Rural Mutual Insurance | $1,172.00 / year |
Bear River | $1,218.00 / year |
SAFECO | $1,283.00 / year |
Pekin Insurance | $1,424.00 / year |
Partners Mutual Insurance Co | $1,516.00 / year |
Average Cost to Insure
$740.77 / year
Cheapest Rate
$604.00 / year American National P
Available Trims
4dr SEDAN (cyl)
Insurance Company | 12 month Premium |
Mercury Insurance | $464.00 / year |
American National P | $750.00 / year |
Pekin Insurance | $1,076.00 / year |
SAFECO | $1,160.00 / year |
Verti Insurance | $1,161.00 / year |
Virginia Farm Bureau | $1,253.00 / year |
SECURA Insurance | $1,459.00 / year |
Kentucky Farm Bureau | $1,461.00 / year |
Farmers Mutual of Nebraska | $1,472.00 / year |
Capital Insurance Group | $1,581.00 / year |
Average Cost to Insure
$729.13 / year
Cheapest Rate
$464.00 / year Mercury Insurance
Available Trims
4dr SEDAN (cyl)
Insurance Company | 12 month Premium |
Hastings Mutual Insurance Co | $662.00 / year |
Pekin Insurance | $771.00 / year |
Westfield | $972.00 / year |
Virginia Farm Bureau | $1,035.00 / year |
Grange Mutual | $1,035.00 / year |
Buckeye Insurance Group | $1,074.00 / year |
Indiana Farmers Mutual Ins | $1,119.00 / year |
Motorists Mutual | $1,203.00 / year |
Texas Farm Bureau Group | $1,236.00 / year |
United Farm Bureau of IN Group | $1,251.00 / year |
Average Cost to Insure
$1,376.73 / year
Cheapest Rate
$662.00 / year Hastings Mutual Insurance Co
Available Trims
4dr SEDAN (cyl)
Wondering how the Model 3 compares to other Tesla Models? Check out the average rates for each vehicle below.
Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.