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Tesla Model 3 Car Insurance
How much does car insurance cost for your Tesla Model 3? We collected quotes from thousands of drivers to find cheapest rate.
Compare Car Insurance Rates for Your Model 3
What is the Average Cost to Insure a Tesla Model 3?
Tesla Model 3
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.
Tesla Model 3 Insurance Model Year by Age Group
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 |
| 2021 | $278.91 / mo | $175.04 / mo | $167.52 / mo | $186.46 / mo | $166.34 / mo | $140.07 / mo |
| 2020 | $327.66 / mo | $226.11 / mo | $169.31 / mo | $163.38 / mo | $130.57 / mo | $169.07 / mo |
| 2019 | $351.23 / mo | $231.11 / mo | $176.83 / mo | $154.63 / mo | $166.93 / mo | $172.80 / mo |
| 2018 | $272.49 / mo | $130.25 / mo | $132.75 / mo | $110.54 / mo | $109.16 / mo | $97.99 / mo |
| 2017 | N/A | $142.41 / mo | $83.30 / mo | $58.64 / mo | $77.84 / mo | $167.44 / mo |
2021 Tesla Model 3 Insurance Rates by Companies
| Insurance Company | 12 month Premium |
| National General | $0.00 / year |
| Jupiter Auto Insurance | $0.00 / year |
| Kemper Auto Premium | $0.00 / year |
| Kemper Auto Premier | $0.00 / year |
| Kemper Personal Insurance | $0.00 / year |
| Farm Bureau Mutual (IA Group) | $1,221.00 / year |
| ACCC Insurance Company | $1,347.00 / year |
| Country | $1,490.00 / year |
| Safeco | $1,607.00 / year |
| Allied | $1,989.00 / year |
2021 Tesla Model 3 Insurance
Average Cost to Insure
$1,995.00 / year
Cheapest Rate
$0.00 / year National General
Available Trims
4dr SEDAN (cyl)
2020 Tesla Model 3 Insurance Rates by Companies
| Insurance Company | 12 month Premium |
| Jupiter Auto Insurance | $0.00 / year |
| Concord Group | $789.00 / year |
| American National P&C | $1,005.00 / year |
| North Carolina Farm Bureau | $1,277.00 / year |
| Countryway Insurance | $1,325.00 / year |
| Oregon Mutual | $1,413.00 / year |
| Patriot Group | $1,617.00 / year |
| Unigard | $1,695.00 / year |
| MMG Insurance Company | $1,767.00 / year |
| Pekin Insurance | $1,779.00 / year |
2020 Tesla Model 3 Insurance
Average Cost to Insure
$1,840.10 / year
Cheapest Rate
$0.00 / year Jupiter Auto Insurance
Available Trims
4dr SEDAN (cyl)
2019 Tesla Model 3 Insurance Rates by Companies
| Insurance Company | 12 month Premium |
| National General Value | $0.00 / year |
| Jupiter Auto Insurance | $0.00 / year |
| Kemper Auto Premium | $0.00 / year |
| Kemper Personal Insurance | $0.00 / year |
| Pekin Insurance | $891.00 / year |
| American National P&C | $950.00 / year |
| West Bend Mutual | $1,092.00 / year |
| Rural Mutual Insurance | $1,172.00 / year |
| Hastings Mutual Insurance Co | $1,172.00 / year |
| Bear River | $1,218.00 / year |
2019 Tesla Model 3 Insurance
Average Cost to Insure
$1,338.13 / year
Cheapest Rate
$0.00 / year National General Value
Available Trims
4dr SEDAN (cyl)
2018 Tesla Model 3 Insurance Rates by Companies
| Insurance Company | 12 month Premium |
| Jupiter Auto Insurance | $0.00 / year |
| Safety Group | $1,002.00 / year |
| Virginia Farm Bureau | $1,083.00 / year |
| Buckeye Insurance Group | $1,155.00 / year |
| Verti Insurance | $1,161.00 / year |
| Norfolk and Dedham Group | $1,194.00 / year |
| Arbella Insurance Group | $1,305.00 / year |
| Hastings Mutual Insurance Co | $1,338.00 / year |
| New Jersey Manufacturers | $1,351.00 / year |
| Titan | $1,485.00 / year |
2018 Tesla Model 3 Insurance
Average Cost to Insure
$1,537.33 / year
Cheapest Rate
$0.00 / year Jupiter Auto Insurance
Available Trims
4dr SEDAN (cyl)
2017 Tesla Model 3 Insurance Rates by Companies
| Insurance Company | 12 month Premium |
| Hastings Mutual Insurance Co | $662.00 / year |
| Pekin Insurance | $771.00 / year |
| Erie | $917.00 / year |
| Cincinnati Insurance | $918.00 / year |
| Westfield | $972.00 / year |
| Grange Mutual | $1,035.00 / year |
| Buckeye Insurance Group | $1,074.00 / year |
| Auto-Owners Insurance Co | $1,080.00 / year |
| Indiana Farmers Mutual Ins | $1,119.00 / year |
| Motorists Mutual | $1,203.00 / year |
2017 Tesla Model 3 Insurance
Average Cost to Insure
$1,236.00 / year
Cheapest Rate
$662.00 / year Hastings Mutual Insurance Co
Available Trims
4dr SEDAN (cyl)
Compare Model 3 to other Tesla Models
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.
Fran Majidi manages content on SmartFinancial's website. She's had nearly a decade's worth of experience writing about insurance-related topics. Prior, she was an arts and entertainment editor in New York City. She has a B.A. from Barnard College and an M.F.A. in writing from The New School. She writes books under her given name, Afarin Majidi.
