How much is insurance on a Tesla Model X?

Priced for the 2024 Model X, the newest year covered by HLDI's loss data (2022–24 models), for a 45-year-old driver with a clean record and full coverage. HLDI's results combine drivers of all ages. We apply them to one example driver (a 45-year-old with a clean record) so pages are comparable; they aren't specific to 45-year-olds. Each state raises or lowers every car's price by the same percentage, so the Model X's rank is the same in every state.

Why the Tesla Model X costs what it does

What HLDI reports (2022–24 models, all drivers combined)

The Highway Loss Data Institute (HLDI) compares each model's insurance losses with an average car's. For the Tesla Model X electric 4dr 4WD, on HLDI's scale where 100 is an average car and lower is better, it reports 218 for crash repairs, 157 for non-crash damage, 102 for damage to others' property, and 86 for injury claims.

• Crash repairs (collision)fixing this car after a crashSubstantially worse than average118% worse than averageworst of the 18 standard SUVs we compare
• Non-crash damage (comprehensive)theft, weather, fire, vandalism, glass, and animal strikesSubstantially worse than average57% worse than average15th best of the 17 standard SUVs we compare
• Damage to others' property (property damage liability)other people's cars and property, when this car's driver is at faultAverage2% worse than average13th best of the 18 standard SUVs we compare
• Injuries to others (bodily injury liability)how often injury claims are filed against this car's drivers, not how much they costAveragefiled 14% less often than average10th best of the 13 standard SUVs we compare

Source: HLDI, insurance losses by make and model, 2022–24 models.

What we estimate that means for price

Prices move less than loss results do: a car's loss record is only one of many things insurers weigh, and each weighs it differently. So we count only part of HLDI's difference. Combining crash repairs and non-crash damage (weighted about 71% and 29%, the share each makes up of industry claim costs), the Model X comes out about 100% worse than average. Published prices for luxury makes like this one run higher than their loss results alone suggest, so we also add an adjustment fitted to those prices. With it, the part of the bill that fixes the car is about 126% more than average: about $2,150 a year vs $950. On the liability side, damage to others and injury claims combine to about 7% better than average. We count about half, so that part is about 4% less: $950 a year vs $990.

How the math works

The Tesla Model X is an electric standard SUV that HLDI benchmarks among large luxury SUVs; on electric models like the Model X, battery pack and sensor repair costs shape collision losses alongside low injury-claim frequency.

• Expensive and electric cars can cost more or less to insure than their repair records suggest.

Matched to HLDI series “Tesla Model X electric 4dr 4WD” (HLDI, 2022–24 models).

A used Tesla Model X, by model year

One model year per age group. Liability only: no coverage for the car itself. Teen columns: a new 16-year-old. Each row uses the HLDI report that covers that model year.

Model year	Full coverage	Liability only	Adding a teen	Teen on their own policy
2024 Model X (0–3 years old)	about $3,110	about $950	+$2,050	about $8,920
2022 Model X (4–7 years old)	about $2,850	about $950	+$1,880	about $8,180
2018 Model X 75D (8–12 years old)	about $2,760	about $1,030	+$1,820	about $7,920

Our catalog covers the Tesla Model X across model years 2016–2026. Full coverage on a used 2018 Model X (8–12 years old) runs about $2,760 a year, $350 less than on a 2024. Dropping collision and comprehensive on that 2018 brings liability-only coverage to about $1,030 a year. Each photo shows that year's generation of the car. Photo credits.

All 3 versions of the 2024 Tesla Model X in our catalog (Model X, Model X Plaid (20in wheels) and Model X Plaid (22in wheels)) price within about $50 a year of each other.

On a policy of their own with a 2024 Tesla Model X, a 22–25-year-old pays about $4,040 a year ($930 more than a 45-year-old), a 26–39-year-old about $3,450, and a driver 65 and older about $3,260.

Adding a 16-year-old with a Tesla Model X

A new driver costs more with any car, and more than usual with the Tesla Model X: adding a 16-year-old raises the family bill by about $2,050 a year ($170 a month), $770 more than adding a teen with an average car of the same age. A separate policy in the 16-year-old's own name runs about $8,920 a year ($6,870 more than adding them to the family policy).

For adding a teen driver, the Tesla Model X ranks the most expensive out of all 121 models we track. Stepping down to a used 2018 Model X (8–12 years old) brings the teen add-on to about $1,820 a year.

That increase is how much the family bill goes up with a new 16-year-old driving this car. Cheapest cars to insure for a teen.

Similar standard SUVs

Among these 18 standard SUVs, the Tesla Model X is the most expensive to insure. Just below it is the BMW X5, at about $2,700 a year.

• 2024 Dodge Durangoabout $2,060 ($1,050 less)
• 2024 Chevrolet Suburbanabout $2,090 ($1,020 less)
• 2024 Cadillac Escaladeabout $2,420 ($690 less)
• 2024 BMW X5about $2,700 ($400 less)
• 2024 Tesla Model Xabout $3,110 (this car)

Photos from Wikimedia Commons contributors. Photo credits.

What a Tesla Model X costs in your state

In six sample states, a 2024 Tesla Model X runs from about $2,070 a year in North Dakota through New Hampshire, Tennessee, Pennsylvania and Arizona to about $3,730 in Texas:

• North Dakotaabout $2,070/yr · +$1,370 teen
• New Hampshireabout $2,230/yr · +$1,470 teen
• Tennesseeabout $2,620/yr · +$1,730 teen
• Pennsylvaniaabout $2,750/yr · +$1,810 teen
• Arizonaabout $3,250/yr · +$2,150 teen
• Texasabout $3,730/yr · +$2,460 teen

All 50 states and DC · Updated November 5, 2026.

Both start from your own situation if you've set one. For crash safety, see IIHS and NHTSA ratings.

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