Tesla Model 3 Car Insurance Quotes (2025)

It costs $441 per month to insure a Tesla Model 3 with full coverage.

Jacqueline DeMarco
Jacqueline DeMarco
  • 13+ years writing insurance and personal finance content

  • Insurance, lending, and retirement expert

Jacqueline has contributed content, and her personal finance passion, to dozens of noteworthy financial brands, including Credit Karma, Bankrate, and MagnifyMoney.

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Sara Getman
Edited bySara Getman
Sara Getman
Sara GetmanAssociate Editor

Sara Getman is an Associate Editor at Insurify and has been with the company since 2022. Prior to joining Insurify, Sara completed her undergraduate degree in English Literature at Simmons University in Boston. At Simmons, she was the Editor-in-Chief for Sidelines Magazine (a literary and art publication), and wrote creative non-fiction.

Outside of work, Sara is an avid reader, and loves rock climbing, yoga, and crocheting.

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Cheapest recent rates

Drivers using Insurify have found quotes as cheap as $37/mo for liability only and $54/mo for full coverage.

*Quotes generated for Insurify users within the last 10 days. Last updated on April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

Rates shown are real-time Insurify user quotes from 120+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users within the last 10 days. Last updated on April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

Rates shown are real-time Insurify user quotes from 120+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

Drivers pay an average of $338 per month to insure a Tesla Model 3, but your rate will depend on a variety of factors, like your location, age, and driving record. The Tesla Model 3 is a very popular model due to it having the lowest starting price of any new Tesla electric car on the market ($44,130).[1]

Here’s what you should know about finding car insurance for your Tesla Model 3.

Quick Facts
  • The average cost of liability-only car insurance for the 2025 Tesla Model 3 is $235 per month.

  • A full-coverage car insurance policy for a 2025 Tesla Model 3 costs $441 per month, on average.

  • The cost to insure a Tesla Model 3 is higher than the national average of $150 per month.

Cost of Tesla Model 3 insurance by model year

The average cost of a car insurance policy for a 2025 Tesla Model 3 is $338 per month, much higher than the national average. But the car’s model year can greatly affect how much you spend on premiums. The table below shows how your rates may fluctuate based on the year of your Model 3.

Model Year
sort ascsort desc
Average Monthly Quote
sort ascsort desc
2025$363
2024$359
2023$347
2022$262
2021$258
2020$248
2019$298
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • The 2025 Tesla Model 3 has an MSRP of $44,130 but can go up to $54,990 depending on the trim level. The 2025 model has few changes compared to the 2024 model, but it does have a slightly better battery range.[2]

    The table below shows full-coverage rates for the 2025 Model 3.

    Insurance Company
    sort ascsort desc
    Average Monthly Quote
    sort ascsort desc
    USAA$187
    GEICO$221
    State Farm$223
    CSAA$240
    Allstate$248
    Progressive$276
    American Family$293
    Nationwide$342
    Travelers$361
    The General$403
    Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • The 2024 Tesla Model 3 comes at a slightly cheaper MSRP of $40,380. This edition comes with big styling updates, new touchscreens, and more sound insulation compared to older models.[3]

    The 2024 edition has similar premiums to the 2025 model, according to Insurify data, so it may be worth investing in an older car to save on the price.

    The table below shows how much full-coverage insurance costs for a 2024 Tesla Model 3.

    Insurance Company
    sort ascsort desc
    Average Monthly Quote
    sort ascsort desc
    USAA$185
    GEICO$219
    State Farm$221
    CSAA$238
    Allstate$245
    Progressive$273
    American Family$290
    Nationwide$339
    Travelers$357
    The General$398
    Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • If you’re planning to buy a 2023 Tesla Model 3, you can expect an MSRP of $40,240. This table can give you an idea of what you might spend on car insurance with a handful of popular car insurance companies.

    Insurance Company
    sort ascsort desc
    Average Monthly Quote
    sort ascsort desc
    USAA$150
    State Farm$166
    GEICO$171
    Allstate$204
    American Family$258
    Progressive$247
    Liberty Mutual$270
    Travelers$298
    Farmers$350
    The General$382
    Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • Despite having a higher MSRP ($48,490) than the 2023 model, the 2022 Tesla Model 3 has lower average monthly car insurance costs.

    Insurance Company
    sort ascsort desc
    Average Monthly Quote
    sort ascsort desc
    USAA$131
    State Farm$145
    GEICO$150
    Allstate$178
    American Family$226
    Progressive$216
    Liberty Mutual$236
    Travelers$260
    Farmers$306
    The General$333
    Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • The 2021 Tesla Model 3 came with an MSRP of $39,190, and drivers pay the following average monthly premiums to insure one.

    Insurance Company
    sort ascsort desc
    Average Monthly Quote
    sort ascsort desc
    USAA$126
    State Farm$141
    GEICO$145
    Allstate$172
    American Family$218
    Progressive$209
    Liberty Mutual$228
    Travelers$252
    Farmers$296
    The General$323
    Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • The 2019 Tesla Model 3 had the exact same MSRP as the 2020 model, at $36,200, but comes with slightly lower auto insurance premiums.

    Insurance Company
    sort ascsort desc
    Average Monthly Quote
    sort ascsort desc
    USAA$121
    State Farm$135
    GEICO$139
    Allstate$165
    American Family$209
    Progressive$200
    Liberty Mutual$219
    Travelers$242
    Farmers$284
    The General$310
    Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Average cost of Tesla Model 3 car insurance by state

Where you live can have a big effect on how much you pay for car insurance. Drivers in more populated areas tend to pay more than drivers in rural areas because of accident rates, theft rates, and generally more drivers on the road.

The map below shows how insurance rates for the Tesla Model 3 fluctuate based on what state you live in.

Average Monthly Rate by State

State
sort ascsort desc
Average Monthly Quote
sort ascsort desc
Alabama$266
Arizona$492
Arkansas$330
California$505
Colorado$413
Connecticut$705
Delaware$402
Florida$454
Georgia$456
Idaho$234
Illinois$245
Indiana$322
Iowa$266
Kansas$307
Kentucky$462
Louisiana$441
Maine$369
Maryland$645
Massachusetts$287
Michigan$554
Minnesota$369
Mississippi$369
Montana$309
Missouri$392
North Dakota$273
Nebraska$356
New Hampshire$228
Nevada$558
New Jersey$349
New Mexico$307
New York$828
North Carolina$173
Ohio$243
Oklahoma$243
Oregon$302
Pennsylvania$326
South Carolina$509
South Dakota$251
Tennessee$288
Texas$447
Utah$339
Virginia$349
Washington$277
District of Columbia$505
Vermont$287
West Virginia$288
Wisconsin$258
Wyoming$253

Source: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile. Insufficient data is available to show results for Alaska and Hawaii.

Recent quotes for other Insurify users

Drivers have found policies from First Acceptance, Sun Coast, First Chicago, and more, for rates as low as $49/mo. through Insurify

*Quotes generated for Insurify users within the last 10 days. Last updated on April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

Rates shown are real-time Insurify user quotes from 120+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users within the last 10 days. Last updated on April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

Rates shown are real-time Insurify user quotes from 120+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from April 2, 2025. Actual quotes may vary based on the policy buyer’s unique driver profile.

How to ensure you have enough coverage on your Tesla Model 3

Every state except New Hampshire requires drivers to carry liability coverage, but you’ll also likely want to insure your Tesla with some other common coverages. These are some options you should consider:[4]

  • illustration card https://a.storyblok.com/f/162273/150x150/0ee044afbd/car-and-driving-96x96-orange_039-car-accident.svg

    Collision coverage

    Collision coverage pays for repairs or replacement of your car if it’s damaged in a collision with another vehicle or object. It also helps cover the costs of repairing your vehicle, regardless of who’s at fault in the accident.

  • illustration card https://a.storyblok.com/f/162273/x/665da91bf7/comprehensive-coverage.svg

    Comprehensive coverage

    Comprehensive coverage provides protection from non-collision events, such as vandalism, theft, and natural disasters. It covers the costs of repairing or replacing your vehicle if it’s damaged in any way other than a collision.

  • illustration card https://a.storyblok.com/f/162273/x/5285c4cd74/uninsured-or-underinsured-motorist-coverage.svg

    Uninsured/underinsured motorist coverage

    Uninsured/underinsured motorist coverage protects you if you’re involved in an accident with a driver who either doesn’t have insurance or doesn’t have enough insurance to cover the damages. Uninsured/underinsured motorist coverage pays for medical bills, lost wages, and vehicle repairs.

  • illustration card https://a.storyblok.com/f/162273/x/4c9753bdbe/medical-payments.svg

    Personal injury protection (PIP) coverage

    Personal injury protection (PIP) coverage helps pay for medical expenses for you and your passengers after an accident, regardless of who’s at fault. It covers things like hospital visits, surgeries, and rehabilitation.

Tesla Model 3 car insurance FAQs

If you want to learn even more about Tesla Model 3 insurance, check out the answers to these commonly asked questions below.

  • USAA offers the cheapest car insurance for the Tesla Model 3. For example, USAA charges an average monthly rate of $187 for the 2025 model, whereas The General charges $403 per month. It’s helpful to get quotes from a few different car insurance companies to find a better deal.

  • Yes. The Tesla Model 3 can be much more expensive to insure than other cars. The national average cost of insurance is $150 per month, and it typically costs $338 per month to insure a Tesla Model 3.

  • How much it costs to insure a Tesla Model 3 depends on the type of car insurance you choose. The average cost of a full-coverage insurance policy for a 2025 Tesla Model 3 is $441 per month. If you want to save on your policy, you can choose to go with a liability-only policy, which costs an average of $235 per month.

  • Insurers determine premiums for a Tesla Model 3 based on factors like your age, driving record, location, vehicle make, coverage level, and even credit history if your state allows it. Additionally, model year, safety features, annual mileage, and the local crime rate can affect your premium.

Methodology

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. Kelley Blue Book. "2025 Tesla Model 3."
  2. Edmunds. "2025 Tesla Model 3."
  3. Edmunds. "2024 Tesla Model 3."
  4. III. "What is covered by a basic auto insurance policy?."
Jacqueline DeMarco
Jacqueline DeMarco

During college, Jacqueline DeMarco interned at a retirement plan advisory firm and was tasked with creating a presentation on the importance of financial wellness. During her research into how money can affect our health, relationships and career, Jacqueline realized just how important financial education is. Jacqueline is a contributor for Insurify and has worked with more than a dozen financial brands, including LendingTree, Capital One, Credit Karma, Fundera, Chime, Bankrate, Student Loan Hero, ValuePenguin, SoFi, and Northwestern Mutual, providing thoughtful content to give readers insight into complex topics that they likely didn’t learn in school.

Jacqueline has been a contributor at Insurify since October 2022.

Sara Getman
Edited bySara GetmanAssociate Editor
Sara Getman
Sara GetmanAssociate Editor

Sara Getman is an Associate Editor at Insurify and has been with the company since 2022. Prior to joining Insurify, Sara completed her undergraduate degree in English Literature at Simmons University in Boston. At Simmons, she was the Editor-in-Chief for Sidelines Magazine (a literary and art publication), and wrote creative non-fiction.

Outside of work, Sara is an avid reader, and loves rock climbing, yoga, and crocheting.

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