Cheapest Tesla Insurance in 2026: Complete Rankings
Looking for the cheapest Tesla insurance? We compared quotes from 12 major insurers across all Tesla models and 50 states. Here are the results.
Complete Guide: This article is part of our Tesla Insurance Ultimate Guide 2026 - the most comprehensive Tesla insurance resource online.
Cheapest Tesla Insurance Rankings (Model Y, 2026)
1
Tesla Insurance (Score 90+)
$119/mo
2
USAA
$142/mo
3
Tesla Insurance (Score 80)
$156/mo
4
State Farm (bundled)
$164/mo
5
GEICO
$178/mo
6
Progressive
$192/mo
7
State Farm (standalone)
$205/mo
8
Allstate
$228/mo
9
Farmers
$245/mo
Cheapest Tesla Insurance by Model
| Model | Cheapest Insurer | Monthly Rate | 2nd Cheapest | Monthly Rate |
|---|---|---|---|---|
| Model 3 Standard | Tesla Insurance | $148 | USAA | $165 |
| Model 3 Performance | Tesla Insurance | $188 | USAA | $208 |
| Model Y Standard | Tesla Insurance | $156 | USAA | $172 |
| Model Y Performance | Tesla Insurance | $198 | USAA | $218 |
| Model S | Tesla Insurance | $250 | USAA | $275 |
| Model X | Tesla Insurance | $292 | USAA | $318 |
| Cybertruck | Tesla Insurance | $278 | USAA | $305 |
Tesla Insurance wins for every model when Safety Score is 80+.
10 Strategies to Get the Cheapest Tesla Insurance
- Use Tesla Insurance with Safety Score 80+ for automatic 20-40% savings
- Compare 5+ quotes every 6 months - rates change frequently
- Bundle home + auto if not using Tesla Insurance - 15-25% savings with State Farm/Allstate
- Increase deductible to $1,000-$1,500 to reduce monthly cost 10-15%
- Maintain a clean record - 3 years no accidents saves 20%+
- Ask about EV discounts - See our EV discounts guide
- Take defensive driving course - 5-10% discount in most states
- Pay 6 months upfront - Save 5-8% vs monthly billing (traditional insurers)
- Drop comprehensive on older Teslas - A 5+ year old Model 3 may not need full coverage
- Lower your mileage - Under 10,000 miles/year qualifies for low-mileage discounts
For detailed strategies, see How to Lower Tesla Insurance: 15 Strategies.
Frequently Asked Questions
What is the cheapest Tesla insurance? Tesla Insurance with a Safety Score of 90+ is the cheapest option at $119-148/month for Model 3/Y. USAA is cheapest for military families.
Is Tesla Insurance the cheapest option? For drivers with Safety Scores above 75, yes. Below 75, GEICO or bundled State Farm may be cheaper. See Is Tesla Insurance Cheaper?
How can I get cheap Tesla insurance as a young driver? Use Tesla Insurance (no credit check helps), maintain a high Safety Score, and take a defensive driving course. See Tesla Insurance for Young Drivers.
What is the cheapest Tesla insurance for Cybertruck? Tesla Insurance at $278/month (AWD). See our Cybertruck insurance cost guide.
How much can I save by switching to the cheapest Tesla insurance? Average savings from switching to Tesla Insurance: $564/year ($47/month).
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Full pricing data in our Tesla Insurance Ultimate Guide 2026.