Compare Rates and Save on Auto Insurance

widget-location-pin

Car insurance costs may vary greatly depending on age. For example, we found that a 16-year-old who insures a 2012 Tesla Model S with full coverage spends roughly $10,264 per year, while a 40-year-old only spends around $2,189. For a 2022 model, a 16-year-old spends around $15,397 per year, whereas a 40-year-old only pays roughly $3,365.

Affordability is just one of several factors to consider when purchasing auto insurance. MoneyGeek’s recommendations for the best insurance providers for a Tesla Model S focus on an in-depth analysis of cost, customer service and claims management.

MoneyGeek Logo IconCar Insurance CostsTesla Model S
2023

Table of Contents

Average Cost and Cheapest Companies for Insuring a Tesla Model S

A Tesla Model S with full coverage costs an average of $2,919 per year to insure. Keep in mind that the insurance provider you choose can make a big difference in your cost. We found that Nationwide offers the cheapest full coverage policy at around $1,883 per year, while Farmers is the most expensive provider, setting our sample driver back $4,438 per year.

For minimum coverage, we found that State Farm is the most affordable company, charging an average annual premium of $491, whereas Farmers is again the least affordable provider at $1,431.

This shows you the importance of comparing rates when looking for the cheapest car insurance.

Company
Average Annual Premium

State Farm

$454

State Farm

$457

State Farm

$468

State Farm

$480

State Farm

$480

State Farm

$490

State Farm

$490

State Farm

$491

State Farm

$496

State Farm

$510

Allstate

$518

State Farm

$522

Allstate

$525

Allstate

$528

State Farm

$531

State Farm

$533

Allstate

$536

Allstate

$537

Allstate

$541

Allstate

$543

Allstate

$545

State Farm

$549

Allstate

$554

Allstate

$557

Allstate

$558

GEICO

$564

GEICO

$566

Allstate

$568

GEICO

$571

GEICO

$571

Allstate

$574

Allstate

$574

GEICO

$575

GEICO

$575

State Farm

$575

GEICO

$582

GEICO

$585

State Farm

$591

Travelers

$591

Nationwide

$593

Nationwide

$594

GEICO

$596

Travelers

$597

GEICO

$603

GEICO

$610

Nationwide

$612

Allstate

$615

Travelers

$618

Travelers

$621

Travelers

$628

Allstate

$629

Nationwide

$632

Travelers

$633

State Farm

$634

GEICO

$641

Progressive

$644

GEICO

$647

State Farm

$647

Nationwide

$648

Progressive

$648

Travelers

$660

Travelers

$661

GEICO

$664

Travelers

$664

Allstate

$664

Nationwide

$665

Travelers

$666

Travelers

$667

Progressive

$671

Travelers

$673

Progressive

$677

Nationwide

$679

Travelers

$681

State Farm

$690

Allstate

$691

Nationwide

$692

Nationwide

$696

State Farm

$697

Travelers

$698

Progressive

$703

Nationwide

$706

Allstate

$707

GEICO

$713

GEICO

$715

Progressive

$725

Nationwide

$729

Travelers

$738

Nationwide

$741

Progressive

$742

Progressive

$743

GEICO

$748

Progressive

$752

Travelers

$756

Allstate

$760

GEICO

$762

GEICO

$762

GEICO

$768

Nationwide

$768

State Farm

$773

Nationwide

$774

Progressive

$801

Progressive

$802

Travelers

$802

Progressive

$807

Progressive

$809

Nationwide

$809

Progressive

$811

Allstate

$821

GEICO

$824

Travelers

$827

State Farm

$842

Progressive

$851

Travelers

$855

Allstate

$858

Nationwide

$871

GEICO

$885

Nationwide

$902

Travelers

$909

Nationwide

$910

Travelers

$926

Progressive

$938

Allstate

$945

Nationwide

$947

Progressive

$960

Progressive

$961

Progressive

$961

Nationwide

$966

State Farm

$975

Travelers

$1,000

Progressive

$1,027

Nationwide

$1,063

Allstate

$1,093

State Farm

$1,096

Travelers

$1,100

Progressive

$1,160

Nationwide

$1,171

GEICO

$1,176

Travelers

$1,251

Farmers

$1,277

Progressive

$1,277

State Farm

$1,300

Farmers

$1,308

GEICO

$1,321

Farmers

$1,383

Farmers

$1,416

Farmers

$1,431

Farmers

$1,446

State Farm

$1,465

Farmers

$1,524

Farmers

$1,569

Farmers

$1,593

Travelers

$1,596

Farmers

$1,600

Progressive

$1,613

Allstate

$1,618

Farmers

$1,620

Nationwide

$1,623

Nationwide

$1,644

Nationwide

$1,650

Farmers

$1,658

State Farm

$1,664

Nationwide

$1,664

Farmers

$1,699

State Farm

$1,702

Nationwide

$1,715

State Farm

$1,715

Farmers

$1,733

State Farm

$1,759

Nationwide

$1,777

State Farm

$1,778

Nationwide

$1,816

State Farm

$1,827

Progressive

$1,836

GEICO

$1,854

State Farm

$1,863

Nationwide

$1,883

State Farm

$1,884

Farmers

$1,886

State Farm

$1,900

Travelers

$1,909

Nationwide

$1,910

Travelers

$1,915

State Farm

$1,922

Farmers

$1,931

Nationwide

$1,941

Farmers

$1,946

Nationwide

$1,952

Travelers

$1,953

State Farm

$1,953

Travelers

$1,956

Nationwide

$1,985

Nationwide

$2,016

Travelers

$2,035

State Farm

$2,049

Farmers

$2,055

Nationwide

$2,075

Allstate

$2,080

Travelers

$2,086

Travelers

$2,088

State Farm

$2,094

Progressive

$2,098

State Farm

$2,102

Progressive

$2,105

Travelers

$2,113

Nationwide

$2,118

Farmers

$2,138

State Farm

$2,143

Progressive

$2,182

Nationwide

$2,186

Nationwide

$2,187

State Farm

$2,192

Farmers

$2,225

GEICO

$2,227

Travelers

$2,239

Progressive

$2,249

GEICO

$2,250

Nationwide

$2,260

State Farm

$2,276

Nationwide

$2,287

GEICO

$2,291

GEICO

$2,297

Travelers

$2,299

State Farm

$2,317

Travelers

$2,318

Farmers

$2,321

Travelers

$2,326

GEICO

$2,346

Travelers

$2,347

Travelers

$2,372

Travelers

$2,406

Nationwide

$2,409

Progressive

$2,411

Progressive

$2,418

State Farm

$2,428

GEICO

$2,432

GEICO

$2,442

GEICO

$2,471

Nationwide

$2,478

Travelers

$2,498

Farmers

$2,502

Progressive

$2,515

GEICO

$2,515

Nationwide

$2,570

GEICO

$2,572

State Farm

$2,598

Travelers

$2,623

Allstate

$2,630

GEICO

$2,648

Nationwide

$2,650

Travelers

$2,650

Progressive

$2,651

GEICO

$2,679

GEICO

$2,694

GEICO

$2,706

Nationwide

$2,727

Progressive

$2,735

Progressive

$2,771

Travelers

$2,785

State Farm

$2,786

GEICO

$2,797

GEICO

$2,865

GEICO

$2,865

GEICO

$2,880

GEICO

$2,886

Travelers

$2,903

Nationwide

$2,913

Nationwide

$2,938

GEICO

$2,954

Travelers

$2,961

Progressive

$2,996

Progressive

$3,001

Progressive

$3,007

Progressive

$3,012

Progressive

$3,013

Progressive

$3,019

Progressive

$3,029

State Farm

$3,061

Progressive

$3,072

Travelers

$3,147

Nationwide

$3,156

Travelers

$3,179

GEICO

$3,204

Allstate

$3,236

Allstate

$3,267

Progressive

$3,285

Allstate

$3,300

State Farm

$3,317

Allstate

$3,376

Allstate

$3,381

Travelers

$3,391

GEICO

$3,393

Farmers

$3,452

Allstate

$3,545

Progressive

$3,549

Allstate

$3,610

Allstate

$3,649

Allstate

$3,649

Farmers

$3,679

Allstate

$3,752

State Farm

$3,791

GEICO

$3,792

Progressive

$3,870

Progressive

$3,921

Farmers

$3,982

Farmers

$3,998

Progressive

$4,014

Allstate

$4,021

Allstate

$4,027

Allstate

$4,072

GEICO

$4,115

Farmers

$4,165

Allstate

$4,170

Allstate

$4,170

Travelers

$4,188

Allstate

$4,203

State Farm

$4,221

Progressive

$4,327

Farmers

$4,377

Farmers

$4,438

Nationwide

$4,450

Farmers

$4,490

Farmers

$4,513

Allstate

$4,610

Travelers

$4,649

Farmers

$4,705

Allstate

$4,745

Farmers

$4,784

Allstate

$4,801

Progressive

$4,859

State Farm

$4,920

Farmers

$4,965

Farmers

$5,033

Allstate

$5,053

Nationwide

$5,075

Farmers

$5,107

GEICO

$5,191

Farmers

$5,211

Farmers

$5,259

Farmers

$5,276

Allstate

$5,477

State Farm

$5,482

Farmers

$5,572

Farmers

$5,709

Farmers

$5,739

GEICO

$5,802

Travelers

$5,834

Farmers

$5,856

Farmers

$5,894

Allstate

$5,960

Farmers

$6,078

Farmers

$6,100

Progressive

$6,157

State Farm

$6,162

Farmers

$6,428

Nationwide

$6,452

Farmers

$6,488

Progressive

$6,831

Travelers

$6,893

Nationwide

$6,996

Allstate

$7,413

Nationwide

$7,655

GEICO

$7,785

Allstate

$8,104

Farmers

$8,288

Travelers

$8,888

Farmers

$9,078

GEICO

$9,270

Farmers

$9,592

Allstate

$11,079

GEICO

$11,861

Progressive

$12,347

Allstate

$12,764

Progressive

$14,172

Progressive

$14,645

Farmers

$14,837

Allstate

$15,238

Farmers

$15,672

Farmers

$21,978

Is a Tesla Model S Expensive to Insure?

The Tesla Model S is a luxury electric car and is expensive to insure compared to other car models. Its MSRP of $101,190 for a 2022 model year demonstrates its high value, and it also has advanced features which are costly to repair or replace following an accident. Plus, electric cars, in general, tend to cost more for auto insurance. These factors keep it from having a low premium.

Best Companies for Insuring a Tesla Model S

The best car insurers for a Tesla Model S offer the ideal combination of an affordable rate and great service and claims experience. The following are the best auto insurance providers for a Tesla Model S:

  • State Farm: MoneyGeek score of 90 out of 100 ($1,884 per year)
  • Travelers: MoneyGeek score of 90 out of 100 ($2,113 per year)

State Farm earns the top spot on our list by offering a cheap full coverage policy together with very good customer service. With insurance providers, there may be a tradeoff between affordability and service quality, but you’ll experience none of that with State Farm.

MoneyGeek Top Pick: State Farm

State Farm

pros

Second-cheapest average rate for full coverage of the seven providers in our study

Ranked second in customer satisfaction

cons

Below-average rating for claims management

Doesn’t offer original equipment manufacturer coverage or gap insurance

COMPANY HIGHLIGHTS

State Farm offers the second-most affordable premium for a Tesla Model S. It also has a strong reputation for delivering a great customer experience.

You’ll find good value from State Farm’s basic add-on coverages, despite the limited options. For instance, roadside assistance covers towing, mechanical labor and locksmith services. It also takes care of the delivery of items such as tires, gas, a battery or oil. But note that the coverage excludes the cost of the delivered items.

State Farm’s rental car coverage and travel reimbursement is also worth considering since costs can quickly add up while waiting for your damaged car to get fixed. With this add-on, you get a rental car for as many days as policy limits allow, and you’ll receive up to $500 in reimbursed travel expenses, in certain circumstances, including meals, lodging and other transportation costs if your car gets damaged in a covered accident.

Read MoneyGeek's State Farm Auto Insurance Review

MoneyGeek Runner-Up: Travelers

Travelers

pros

Ranks third in affordability

Provides good customer service

Offers new car replacement, accident forgiveness and gap insurance as add-ons

cons

Below-average claims management rating

No deductible modification or original equipment manufacturer (OEM) coverage

COMPANY HIGHLIGHTS

The affordable premium and essential coverages make Travelers our runner-up for the best insurance provider for a Tesla Model S.

Travelers has a wide range of add-on coverage options to choose from, such as Premier New Car Replacement, which pays for the cost of purchasing a brand new Tesla Model S if yours is totaled within the first five years of purchase. We definitely recommend getting this add-on if you have a new car.

Travelers also offers gap insurance, which covers the difference between the actual cash value of your totaled car and the unpaid balance in your auto loan or lease. You also won’t face a surge in your premium if you purchase Travelers’ accident forgiveness through the Responsible Driver Plan. Note that this coverage forgives only one at-fault accident within a specified period and is not available in every state.

Read MoneyGeek's Travelers Auto Insurance Review

Cost of Insuring a Tesla Model S by Model Year

A full coverage policy for a 2012 Tesla Model S costs around $2,189 per year, but to insure a 2022 model, the cost is roughly $3,365 annually.

Your Model S’s age or model year impacts the average cost of car insurance. Because a car’s value usually depreciates over time, newer models tend to be more expensive to insure than older ones.

Model Year
Average Annual Premium

2022

$767

2022

$3,365

2021

$765

2021

$3,121

2020

$769

2020

$3,032

2019

$774

2019

$3,011

2018

$777

2018

$2,987

2017

$747

2017

$2,809

2016

$777

2016

$2,687

2015

$777

2015

$2,538

2014

$748

2014

$2,393

2013

$777

2013

$2,305

2012

$778

2012

$2,189

The average cost of car insurance varies by model year and insurer. When getting quotes for a Tesla Model S, you will likely find each company gives a different rate. We found State Farm is the cheapest insurer for a 2012 Tesla Model S with full coverage, costing an average of $1,383 per year, while Nationwide is the most affordable insurer for a 2022 Tesla Model S at around $2,063 per year.

Company
Average Annual Premium

State Farm

$429

State Farm

$432

State Farm

$432

State Farm

$433

State Farm

$434

State Farm

$437

State Farm

$438

State Farm

$443

State Farm

$448

State Farm

$448

State Farm

$449

Allstate

$470

Allstate

$476

Allstate

$480

Allstate

$484

Allstate

$487

Allstate

$488

Allstate

$489

Travelers

$501

Allstate

$503

Allstate

$503

Allstate

$504

Allstate

$506

GEICO

$509

GEICO

$510

GEICO

$519

GEICO

$519

Nationwide

$521

GEICO

$522

Travelers

$524

GEICO

$525

GEICO

$528

GEICO

$528

GEICO

$528

GEICO

$528

GEICO

$529

Nationwide

$535

Nationwide

$539

Nationwide

$545

Nationwide

$549

Nationwide

$555

Nationwide

$556

Nationwide

$561

Travelers

$562

Travelers

$564

Travelers

$568

Travelers

$570

Nationwide

$573

Travelers

$576

Travelers

$584

Progressive

$587

Progressive

$587

Nationwide

$591

Travelers

$597

Nationwide

$603

Progressive

$606

Travelers

$608

Progressive

$615

Progressive

$619

Progressive

$619

Progressive

$620

Progressive

$622

Travelers

$624

Progressive

$631

Progressive

$632

Progressive

$640

Farmers

$1,220

Farmers

$1,240

Farmers

$1,242

Farmers

$1,245

Farmers

$1,250

Farmers

$1,262

Farmers

$1,269

Farmers

$1,279

Farmers

$1,285

Farmers

$1,286

Farmers

$1,289

State Farm

$1,383

State Farm

$1,481

Nationwide

$1,533

State Farm

$1,566

Nationwide

$1,655

State Farm

$1,678

Nationwide

$1,778

Travelers

$1,799

Travelers

$1,872

Travelers

$1,877

State Farm

$1,892

Nationwide

$1,897

GEICO

$1,914

Nationwide

$1,914

Nationwide

$1,931

Nationwide

$1,945

Nationwide

$1,946

Nationwide

$1,947

State Farm

$1,986

Allstate

$2,008

Travelers

$2,038

State Farm

$2,043

Travelers

$2,044

GEICO

$2,052

Nationwide

$2,063

Travelers

$2,075

State Farm

$2,094

Nationwide

$2,111

State Farm

$2,123

Progressive

$2,125

State Farm

$2,155

Travelers

$2,168

GEICO

$2,172

Progressive

$2,204

Allstate

$2,232

Travelers

$2,236

Progressive

$2,245

Travelers

$2,313

State Farm

$2,323

GEICO

$2,327

Travelers

$2,328

Progressive

$2,372

GEICO

$2,413

Allstate

$2,436

Progressive

$2,441

Progressive

$2,473

GEICO

$2,482

Travelers

$2,494

GEICO

$2,586

Progressive

$2,592

Allstate

$2,665

Progressive

$2,673

GEICO

$2,674

Progressive

$2,764

GEICO

$2,766

Progressive

$2,831

GEICO

$2,842

Progressive

$2,945

GEICO

$2,958

Allstate

$3,282

Farmers

$3,862

Allstate

$3,879

Farmers

$3,977

Farmers

$4,051

Allstate

$4,106

Farmers

$4,197

Allstate

$4,309

Farmers

$4,324

Allstate

$4,360

Farmers

$4,411

Allstate

$4,500

Farmers

$4,569

Farmers

$4,709

Farmers

$4,833

Farmers

$4,896

Farmers

$4,985

Allstate

$5,931

Cost of Insuring a Tesla Model S for 16- to 25-Year-Olds

Insurance providers consider your age when calculating your rate for a Tesla Model S. Auto insurance for teens is more expensive than for middle-aged drivers. We found that the average annual rate for a 16-year-old who purchases a full coverage policy for a Tesla Model S is a staggering $12,752, but a 40-year-old driver who purchases the same policy only spends roughly $2,767.

Teen car insurance becomes cheaper each year and steadies when drivers are in their 20s.

Driver Age
Average Annual Premium

16

$3,889

16

$12,752

17

$10,189

17

$3,041

18

$2,707

18

$9,125

19

$6,345

19

$1,858

20

$5,812

20

$1,684

21

$1,213

21

$4,441

22

$4,122

22

$1,119

23

$1,037

23

$3,844

24

$3,666

24

$985

25

$898

25

$3,302

Make it a habit to compare rates from different providers if you want to find the cheapest possible car insurance. For instance, a 16-year-old driver with a Tesla Model S gets the lowest premium for full coverage from State Farm at around $6,162 per year. Farmers is the most expensive insurer, at an average annual cost of $21,978.

Note that these rates are for an individual policy, and legally, most teens under 18 cannot buy car insurance without a parent or guardian as a co-signer. A smarter and more affordable way to get teen car insurance is by including them on a family policy.

Company
Average Annual Premium

State Farm

$567

Allstate

$593

State Farm

$624

Allstate

$649

GEICO

$660

State Farm

$681

Allstate

$682

Travelers

$686

GEICO

$696

Allstate

$725

GEICO

$731

Travelers

$739

State Farm

$762

Allstate

$776

Travelers

$789

Progressive

$792

GEICO

$809

State Farm

$830

Travelers

$842

Nationwide

$856

GEICO

$869

Travelers

$911

Progressive

$921

Nationwide

$955

State Farm

$959

Allstate

$963

Progressive

$1,009

Nationwide

$1,025

State Farm

$1,079

Travelers

$1,083

Allstate

$1,107

Nationwide

$1,130

Progressive

$1,141

GEICO

$1,158

Travelers

$1,228

Nationwide

$1,246

Progressive

$1,256

State Farm

$1,280

GEICO

$1,300

State Farm

$1,441

Travelers

$1,566

Progressive

$1,586

State Farm

$1,637

Allstate

$1,641

Farmers

$1,711

Nationwide

$1,779

Progressive

$1,803

GEICO

$1,809

Farmers

$1,864

Travelers

$1,910

Farmers

$1,921

Farmers

$2,023

Nationwide

$2,048

Allstate

$2,088

GEICO

$2,182

Farmers

$2,195

Nationwide

$2,497

Travelers

$2,540

Allstate

$2,591

State Farm

$2,634

Nationwide

$2,669

GEICO

$2,818

Nationwide

$2,850

Nationwide

$2,853

State Farm

$2,959

Travelers

$2,970

Nationwide

$3,033

Nationwide

$3,125

State Farm

$3,172

Progressive

$3,233

Nationwide

$3,272

Travelers

$3,327

Farmers

$3,369

State Farm

$3,483

Nationwide

$3,519

GEICO

$3,547

Travelers

$3,560

Farmers

$3,588

Progressive

$3,632

State Farm

$3,773

Travelers

$3,800

GEICO

$3,804

Progressive

$3,858

Progressive

$3,968

GEICO

$4,028

Travelers

$4,112

Progressive

$4,197

State Farm

$4,307

GEICO

$4,539

Progressive

$4,575

State Farm

$4,794

GEICO

$4,932

Nationwide

$4,991

Travelers

$5,012

Progressive

$5,106

Farmers

$5,416

Travelers

$5,589

State Farm

$5,589

Nationwide

$5,708

Farmers

$5,722

Progressive

$5,746

Farmers

$5,877

GEICO

$6,220

State Farm

$6,225

Farmers

$6,427

Farmers

$6,550

Farmers

$6,788

GEICO

$6,947

Allstate

$6,982

State Farm

$6,999

Travelers

$7,031

Farmers

$7,170

Nationwide

$7,288

Progressive

$7,302

Nationwide

$7,924

Allstate

$7,989

Farmers

$7,992

Progressive

$8,085

Travelers

$8,315

Allstate

$8,416

Nationwide

$8,677

Allstate

$9,126

GEICO

$9,242

Allstate

$9,952

Farmers

$10,020

Farmers

$10,578

Travelers

$10,714

GEICO

$11,044

Allstate

$12,282

Allstate

$13,373

GEICO

$14,133

Progressive

$14,688

Farmers

$16,385

Progressive

$16,792

Farmers

$17,303

Progressive

$17,339

Allstate

$18,354

Allstate

$20,891

Farmers

$24,227

Allstate

$24,690

How Does Location Affect the Cost of Tesla Model S Insurance?

Your age and car model year contribute to how much you pay, but the area where you live also has an effect on your Tesla Model S auto insurance rate. Insurance costs tend to vary by state, but we found that Idaho is the cheapest state to insure a car, while New York is the most expensive.

When shopping for car insurance for a Tesla Model S, it helps to have an idea of the most affordable insurers in your state. You can use MoneyGeek’s data to narrow down your choices.

State
Cheapest Company
Annual Premium
Monthly Premium

Alabama

Cincinnati Insurance

$256

$21

Alabama

Cincinnati Insurance

$175

$15

Alabama

Allstate

$825

$69

Alabama

Cincinnati Insurance

$201

$17

Alabama

Cincinnati Insurance

$581

$48

Alabama

Nationwide

$709

$59

Alaska

GEICO

$750

$62

Alaska

GEICO

$352

$29

Alaska

State Farm

$644

$54

Alaska

State Farm

$699

$58

Alaska

State Farm

$322

$27

Alaska

State Farm

$300

$25

Arizona

Mercury

$321

$27

Arizona

Travelers

$359

$30

Arizona

Travelers

$689

$57

Arizona

Root Insurance Company

$682

$57

Arizona

Mercury

$305

$25

Arizona

Root Insurance Company

$684

$57

Arkansas

State Farm

$232

$19

Arkansas

Hanover

$551

$46

Arkansas

Hanover

$191

$16

Arkansas

Hanover

$260

$22

Arkansas

Hanover

$741

$62

Arkansas

State Farm

$629

$52

California

AAA California

$1,001

$83

California

CSAA

$428

$36

California

GEICO

$1,284

$107

California

GEICO

$411

$34

California

AAA California

$991

$83

California

GEICO

$419

$35

Colorado

American National P&C

$532

$44

Colorado

American National P&C

$259

$22

Colorado

American National P&C

$216

$18

Colorado

American National P&C

$668

$56

Colorado

American National P&C

$541

$45

Colorado

American National P&C

$248

$21

Connecticut

GEICO

$683

$57

Connecticut

GEICO

$319

$27

Connecticut

GEICO

$405

$34

Connecticut

GEICO

$326

$27

Connecticut

GEICO

$693

$58

Connecticut

GEICO

$880

$73

Delaware

State Farm

$881

$73

Delaware

Travelers

$980

$82

Delaware

Travelers

$444

$37

Delaware

Travelers

$464

$39

Delaware

State Farm

$817

$68

Delaware

Travelers

$459

$38

District of Columbia

GEICO

$474

$40

District of Columbia

GEICO

$878

$73

District of Columbia

GEICO

$715

$60

District of Columbia

GEICO

$662

$55

District of Columbia

Chubb

$345

$29

District of Columbia

GEICO

$372

$31

District of Columbia

Chubb

$372

$31

Florida

GEICO

$446

$37

Florida

State Farm

$1,058

$88

Florida

State Farm

$581

$48

Florida

State Farm

$970

$81

Florida

GEICO

$485

$40

Florida

State Farm

$1,259

$105

Georgia

Country Financial

$665

$55

Georgia

Country Financial

$580

$48

Georgia

Allstate

$942

$78

Georgia

Auto-Owners Insurance Co

$441

$37

Georgia

Country Financial

$285

$24

Georgia

Auto-Owners Insurance Co

$311

$26

Hawaii

GEICO

$565

$47

Hawaii

GEICO

$217

$18

Hawaii

GEICO

$565

$47

Hawaii

GEICO

$565

$47

Hawaii

GEICO

$217

$18

Hawaii

GEICO

$217

$18

Idaho

State Farm

$145

$12

Idaho

American National P&C

$299

$25

Idaho

American National P&C

$152

$13

Idaho

American National P&C

$383

$32

Idaho

American National P&C

$307

$26

Idaho

American National P&C

$127

$11

Illinois

American Family

$753

$63

Illinois

Mercury

$235

$20

Illinois

Country Financial

$610

$51

Illinois

Mercury

$329

$27

Illinois

Country Financial

$663

$55

Illinois

Mercury

$226

$19

Indiana

State Farm

$222

$18

Indiana

American Family

$598

$50

Indiana

State Farm

$530

$44

Indiana

American Family

$555

$46

Indiana

Auto-Owners Insurance Co

$228

$19

Indiana

State Farm

$287

$24

Iowa

State Farm

$144

$12

Iowa

State Farm

$639

$53

Iowa

State Farm

$509

$42

Iowa

State Farm

$448

$37

Iowa

State Farm

$175

$15

Iowa

State Farm

$136

$11

Kansas

Nationwide

$275

$23

Kansas

Nationwide

$596

$50

Kansas

Nationwide

$218

$18

Kansas

Nationwide

$786

$66

Kansas

Nationwide

$670

$56

Kansas

Nationwide

$221

$18

Kentucky

Nationwide

$790

$66

Kentucky

Nationwide

$1,007

$84

Kentucky

Cincinnati Insurance

$330

$28

Kentucky

Cincinnati Insurance

$257

$21

Kentucky

Cincinnati Insurance

$228

$19

Kentucky

Cincinnati Insurance

$670

$56

Louisiana

Louisiana Farm Bureau

$484

$40

Louisiana

GEICO

$1,512

$126

Louisiana

State Farm

$1,257

$105

Louisiana

Louisiana Farm Bureau

$1,048

$87

Louisiana

GEICO

$535

$45

Louisiana

State Farm

$541

$45

Maine

Concord Group

$521

$43

Maine

Countryway Insurance

$266

$22

Maine

Concord Group

$690

$57

Maine

Countryway Insurance

$221

$18

Maine

Countryway Insurance

$221

$18

Maine

Concord Group

$498

$41

Maryland

Progressive

$538

$45

Maryland

Progressive

$857

$71

Maryland

Progressive

$572

$48

Maryland

Kemper

$538

$45

Maryland

Progressive

$938

$78

Maryland

Progressive

$961

$80

Massachusetts

State Farm

$483

$40

Massachusetts

State Farm

$369

$31

Massachusetts

State Farm

$221

$18

Massachusetts

State Farm

$221

$18

Massachusetts

State Farm

$483

$40

Massachusetts

State Farm

$167

$14

Michigan

GEICO

$903

$75

Michigan

Travelers

$101

$8

Michigan

Travelers

$111

$9

Michigan

GEICO

$898

$75

Michigan

Travelers

$94

$8

Michigan

Chubb

$798

$67

Minnesota

State Farm

$797

$66

Minnesota

American Family

$842

$70

Minnesota

Iowa Farm Bureau

$694

$58

Minnesota

Westfield

$317

$26

Minnesota

State Farm

$305

$25

Minnesota

Auto-Owners Insurance Co

$370

$31

Mississippi

Direct General Insurance

$275

$23

Mississippi

Direct General Insurance

$723

$60

Mississippi

Progressive

$304

$25

Mississippi

Progressive

$227

$19

Mississippi

Direct General Insurance

$919

$77

Mississippi

Direct General Insurance

$639

$53

Missouri

Nationwide

$909

$76

Missouri

State Farm

$381

$32

Missouri

American Family

$1,070

$89

Missouri

State Farm

$479

$40

Missouri

State Farm

$388

$32

Missouri

Nationwide

$860

$72

Montana

Progressive

$525

$44

Montana

Progressive

$399

$33

Montana

State Farm

$168

$14

Montana

Progressive

$437

$36

Montana

State Farm

$185

$15

Montana

State Farm

$154

$13

Nebraska

American National P&C

$405

$34

Nebraska

American National P&C

$163

$14

Nebraska

American National P&C

$138

$12

Nebraska

American National P&C

$381

$32

Nebraska

American National P&C

$157

$13

Nebraska

American National P&C

$493

$41

Nevada

CSAA

$840

$70

Nevada

CSAA

$444

$37

Nevada

CSAA

$565

$47

Nevada

CSAA

$1,168

$97

Nevada

CSAA

$940

$78

Nevada

CSAA

$402

$33

New Hampshire

State Farm

$233

$19

New Hampshire

State Farm

$681

$57

New Hampshire

State Farm

$500

$42

New Hampshire

State Farm

$540

$45

New Hampshire

State Farm

$296

$25

New Hampshire

State Farm

$247

$21

New Jersey

Amica Mutual

$460

$38

New Jersey

NJM

$798

$66

New Jersey

Plymouth Rock Assurance

$895

$75

New Jersey

GEICO

$420

$35

New Jersey

Plymouth Rock Assurance

$965

$80

New Jersey

GEICO

$428

$36

New Mexico

State Farm

$310

$26

New Mexico

State Farm

$254

$21

New Mexico

State Farm

$607

$51

New Mexico

State Farm

$644

$54

New Mexico

State Farm

$239

$20

New Mexico

State Farm

$854

$71

New York

Kemper

$540

$45

New York

Kemper

$990

$82

New York

Kemper

$766

$64

New York

Kemper

$468

$39

New York

Kemper

$781

$65

New York

Kemper

$464

$39

North Carolina

Erie

$630

$52

North Carolina

Erie

$644

$54

North Carolina

Nationwide

$230

$19

North Carolina

Nationwide

$514

$43

North Carolina

Nationwide

$242

$20

North Carolina

Nationwide

$293

$24

North Dakota

Nodak Mutual

$211

$18

North Dakota

American Family

$616

$51

North Dakota

Nodak Mutual

$190

$16

North Dakota

American Family

$709

$59

North Dakota

Nodak Mutual

$158

$13

North Dakota

Nodak Mutual

$514

$43

Ohio

Nationwide

$485

$40

Ohio

Nationwide

$448

$37

Ohio

Erie

$170

$14

Ohio

Erie

$176

$15

Ohio

American Family

$516

$43

Ohio

Erie

$220

$18

Oklahoma

State Farm

$662

$55

Oklahoma

State Farm

$200

$17

Oklahoma

State Farm

$579

$48

Oklahoma

State Farm

$818

$68

Oklahoma

State Farm

$258

$22

Oklahoma

State Farm

$215

$18

Oregon

State Farm

$360

$30

Oregon

State Farm

$706

$59

Oregon

State Farm

$813

$68

Oregon

State Farm

$656

$55

Oregon

State Farm

$411

$34

Oregon

State Farm

$381

$32

Pennsylvania

Travelers

$672

$56

Pennsylvania

Nationwide

$580

$48

Pennsylvania

Erie

$242

$20

Pennsylvania

Travelers

$286

$24

Pennsylvania

Nationwide

$508

$42

Pennsylvania

Erie

$238

$20

Rhode Island

State Farm

$344

$29

Rhode Island

State Farm

$356

$30

Rhode Island

State Farm

$712

$59

Rhode Island

State Farm

$862

$72

Rhode Island

State Farm

$700

$58

Rhode Island

Travelers

$376

$31

South Carolina

American National P&C

$548

$46

South Carolina

American National P&C

$251

$21

South Carolina

American National P&C

$463

$39

South Carolina

American National P&C

$283

$24

South Carolina

American National P&C

$285

$24

South Carolina

American National P&C

$482

$40

South Dakota

Nationwide

$702

$58

South Dakota

Allstate

$803

$67

South Dakota

Allstate

$746

$62

South Dakota

State Farm

$260

$22

South Dakota

Farmers Mutual of Nebraska

$207

$17

South Dakota

State Farm

$204

$17

Tennessee

Auto-Owners Insurance Co

$207

$17

Tennessee

State Farm

$728

$61

Tennessee

State Farm

$256

$21

Tennessee

State Farm

$579

$48

Tennessee

State Farm

$197

$16

Tennessee

State Farm

$516

$43

Texas

State Farm

$321

$27

Texas

State Farm

$699

$58

Texas

State Farm

$900

$75

Texas

Texas Farm Bureau

$295

$25

Texas

Texas Farm Bureau

$629

$52

Texas

State Farm

$392

$33

Utah

GEICO

$490

$41

Utah

Farmers Union Insurance

$388

$32

Utah

Nationwide

$896

$75

Utah

Nationwide

$670

$56

Utah

Farmers Union Insurance

$369

$31

Utah

Nationwide

$725

$60

Vermont

State Farm

$449

$37

Vermont

State Farm

$188

$16

Vermont

State Farm

$198

$17

Vermont

State Farm

$611

$51

Vermont

State Farm

$493

$41

Vermont

State Farm

$233

$19

Virginia

Virginia Farm Bureau

$753

$63

Virginia

Mercury

$251

$21

Virginia

American Family

$243

$20

Virginia

Virginia Farm Bureau

$300

$25

Virginia

American Family

$601

$50

Virginia

Nationwide

$651

$54

Washington

PEMCO

$262

$22

Washington

PEMCO

$569

$47

Washington

PEMCO

$670

$56

Washington

PEMCO

$326

$27

Washington

PEMCO

$284

$24

Washington

PEMCO

$534

$44

West Virginia

Erie

$303

$25

West Virginia

Erie

$361

$30

West Virginia

Erie

$962

$80

West Virginia

Erie

$300

$25

West Virginia

Erie

$784

$65

West Virginia

Erie

$773

$64

Wisconsin

Erie

$230

$19

Wisconsin

GEICO

$556

$46

Wisconsin

GEICO

$641

$53

Wisconsin

State Farm

$232

$19

Wisconsin

GEICO

$273

$23

Wisconsin

State Farm

$568

$47

Wyoming

GEICO

$176

$15

Wyoming

State Farm

$646

$54

Wyoming

Farmers

$870

$72

Wyoming

State Farm

$182

$15

Wyoming

State Farm

$745

$62

Wyoming

GEICO

$201

$17

Frequently Asked Questions About Tesla Model S Insurance

You may have questions about cost and service quality when looking for an insurance provider for your Tesla Model S. MoneyGeek gives you the key information you need when deciding which insurer to choose.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.