About $2,001 a year for full coverage on a national average — 39% more than the $1,438 average car. Insurers rate the Tesla Model X at an index of 139 where 100 is a typical vehicle, based on how often and how expensively these cars actually generate claims (latest data covers 2022-2024).
The premium isn't spread evenly. Collision — damage to your own car in a crash — carries this car's highest loss index at 218, while Personal injury (PIP) sits at 82. That gap is the real reason behind the price, and it's the part a quote form never shows you. Among 80 luxury suvs we hold data for, the Model X ranks #61 from cheapest, above the class median of 109. Against what the car is worth the bill looks different again: a 2024 Model X sells for a median $70,990, so a year of cover costs 2.8% of the car's value. Over 9 generations of data the index has fallen from 188 (2014-2016) to 139 (2022-2024). Worth noting: this car earns 5 stars from NHTSA and still insures above average — crash protection and repair cost are separate things, and insurers price the second one. Calculated from 9 insurance-loss records and live US listing prices.
Why a Model X costs what it does
Insurers don't price a car with one number — they track losses separately for each kind of cover. An index of 100 is the average vehicle, so anything above means this model generates costlier claims of that type:
Read it as «where the money goes». A high Collision figure means these cars are expensive to repair after a crash; a high Comprehensive figure points at theft, weather and vandalism instead. Estimated annual split at $2,001: Liability (BI + PD) $960 · Collision $560 · Comprehensive $240 · Other (UM / PIP) $240.
The Model X against its class
Every luxury suvs we hold insurance data for, cheapest to insure first. The Model X is highlighted — rivals are clickable if you're cross-shopping:
Class as defined by insurers (Luxury SUVs), not by us — it groups cars by how they're actually driven and repaired. Median for this class is 109, roughly $1,560 a year.
How it changed by generation
Insurance-loss index of the Model X across every generation in the data. Newer isn't automatically cheaper — driver-assist systems cut crash frequency, while sensors and aluminium panels push repair bills up:
Each point averages every recorded variant of that generation. The Model X has become cheaper to insure over time (-48 points).
What a Model X costs by state
Where you park matters as much as what you drive. The Model X's index applied to each state's average premium — the same car, the same cover, different postcode:
| State | Model X est. / yr | vs national |
|---|---|---|
| Florida | +39% vs US | |
| Louisiana | +38% vs US | |
| New York | +32% vs US | |
| District of Columbia | +26% vs US | |
| Georgia | +21% vs US | |
| Texas | +20% vs US | |
| Wisconsin | -30% vs US | |
| Hawaii | -31% vs US | |
| Idaho | -32% vs US | |
| North Dakota | -33% vs US | |
| Vermont | -33% vs US | |
| Maine | -36% vs US |
Six priciest and six cheapest states shown. Figures are the state's average premium scaled by this model's loss index — your own quote also depends on age, record, deductible and ZIP.
More on the Tesla Model X
Tesla Model X insurance — frequently asked
How much is insurance for a Tesla Model X?
About $2,001 a year for full coverage at the national average, versus $1,438 for a typical car. That's the model's insurance-loss index of 139 applied to the US average premium.
Why is the Model X expensive or cheap to insure?
Its costliest area is Collision (index 218), which covers damage to your own car in a crash. Insurers set premiums from claim history like this, not from the sticker price.
Is the Model X cheaper to insure than rivals?
It ranks #61 of 80 in the luxury suvs class, where the median index is 109 against this car's 139. Cheaper rivals are listed in the chart above.
Is that a lot relative to the car's value?
A year of cover is 2.8% of what a 2024 Model X sells for (a median $70,990). Cheap cars often show a higher percentage even when the dollar premium is lower.
Does its safety rating lower the premium?
Not directly. The Model X holds 5 stars from NHTSA, but crash-test performance and repair cost are priced separately — a car can protect occupants well and still be costly to fix.
Where does this data come from?
Insurance-loss indices published for real vehicles, combined with NAIC state average premiums. It's claim history, not a quote engine — so it shows what these cars actually cost insurers rather than what one company would offer you.
Will my own quote match this?
Treat it as a baseline for the car itself. Your figure also moves with age, driving record, deductible, mileage and ZIP code — the same Model X can differ by hundreds between two drivers.