call

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 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.

Year16-19 yr old20-29 yr old30-39 yr old40-49 yr old50-59 yr old60+ yr old
2022$472.13 / mo$271.18 / mo$198.13 / mo$188.11 / mo$186.83 / mo$174.87 / mo
2021$421.74 / mo$237.77 / mo$187.16 / mo$187.96 / mo$170.61 / mo$183.33 / mo
2020$352.01 / mo$242.18 / mo$176.04 / mo$167.75 / mo$165.99 / mo$195.52 / mo
2019$347.57 / mo$243.68 / mo$176.92 / mo$170.35 / mo$190.17 / mo$169.87 / mo
2018$390.72 / mo$197.72 / mo$154.66 / mo$138.11 / mo$138.37 / mo$156.48 / mo
2017$694.92 / mo$173.05 / mo$92.80 / mo$129.48 / mo$77.84 / mo$157.82 / mo

Tesla 2022 Tesla Model 3 Insurance Rates by Companies

Insurance Company12 month Premium
Kemper Auto Premier $49.00 / year
Kemper Auto | Infinity $528.00 / year
American National P $670.00 / year
Victoria $921.00 / year
Titan $1,117.00 / year
Nodak Mutual $1,254.00 / year
Kemper Auto Premium $1,317.00 / year
Plymouth Rock Assurance $1,395.00 / year
Texas Farm Bureau Group $1,496.00 / year
Mississippi Farm Bureau $1,572.00 / year

2022 Tesla Model 3 Insurance

Average Cost to Insure

$1,238.70 / year

Cheapest Rate

$49.00 / year Kemper Auto Premier

Available Trims

4dr SEDAN (cyl)

Tesla 2021 Tesla Model 3 Insurance Rates by Companies

Insurance Company12 month Premium
American National P $782.00 / year
Victoria $954.00 / year
Titan $1,061.00 / year
Concord Group $1,062.00 / year
North Carolina Farm Bureau $1,320.00 / year
Safeco $1,330.00 / year
Texas Farm Bureau Group $1,335.00 / year
Buckeye Insurance Group $1,351.00 / year
Indiana Farmers Mutual Ins $1,434.00 / year
Rural Mutual Insurance $1,514.00 / year

2021 Tesla Model 3 Insurance

Average Cost to Insure

$1,220.47 / year

Cheapest Rate

$782.00 / year American National P

Available Trims

4dr SEDAN (cyl)

Tesla 2020 Tesla Model 3 Insurance Rates by Companies

Insurance Company12 month Premium
Concord Group $789.00 / year
American National P&C $1,005.00 / year
NatGen PPA $1,190.00 / year
Virginia Farm Bureau $1,318.00 / year
Countryway Insurance $1,325.00 / year
American National P $1,326.00 / year
North Carolina Farm Bureau $1,381.00 / year
Pekin Insurance $1,541.00 / year
PEMCO $1,579.00 / year
Patriot Group $1,617.00 / year

2020 Tesla Model 3 Insurance

Average Cost to Insure

$1,088.17 / year

Cheapest Rate

$789.00 / year Concord Group

Available Trims

4dr SEDAN (cyl)

Tesla 2019 Tesla Model 3 Insurance Rates by Companies

Insurance Company12 month Premium
American National P $604.00 / year
American National P&C $950.00 / year
West Bend Mutual $1,092.00 / year
Mercury Insurance $1,122.00 / year
Rural Mutual Insurance $1,172.00 / year
Bear River $1,218.00 / year
Partners Mutual Insurance Co $1,236.00 / year
Pekin Insurance $1,250.00 / year
Indiana Farmers Mutual Ins $1,393.00 / year
Texas Farm Bureau Group $1,524.00 / year

2019 Tesla Model 3 Insurance

Average Cost to Insure

$1,268.70 / year

Cheapest Rate

$604.00 / year American National P

Available Trims

4dr SEDAN (cyl)

Tesla 2018 Tesla Model 3 Insurance Rates by Companies

Insurance Company12 month Premium
Mercury Insurance $298.00 / year
Kemper Auto | Infinity $451.00 / year
American National P $787.00 / year
Virginia Farm Bureau $1,057.00 / year
Pekin Insurance $1,064.00 / year
Verti Insurance $1,161.00 / year
Liberty Mutual $1,461.00 / year
Kentucky Farm Bureau $1,461.00 / year
Farmers Mutual of Nebraska $1,472.00 / year
Buckeye Insurance Group $1,482.00 / year

2018 Tesla Model 3 Insurance

Average Cost to Insure

$1,289.47 / year

Cheapest Rate

$298.00 / year Mercury Insurance

Available Trims

4dr SEDAN (cyl)

Tesla 2017 Tesla Model 3 Insurance Rates by Companies

Insurance Company12 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

2017 Tesla Model 3 Insurance

Average Cost to Insure

$1,365.30 / 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.