Best Auto Insurance for Teslas in 2025 (Check Out the Top 10 Companies)
The best auto insurance for Teslas comes from Travelers, Progressive, and State Farm. Progressive excels with online tools and safe driver discounts, but Travelers and State Farm have cheap car insurance for Teslas, starting at $86 monthly for minimum coverage and full coverage for $190 per month.
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Heidi Mertlich
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Heidi works with top-rated life insurance carriers to bring her clients the highest quality protection at the most competitive prices. She founded NoPhysicalTermLife.com, specializing in life insurance that doesn’t require a medical exam. Heidi is a regular contributor to several insurance websites, including FinanceBuzz.com, Insurist.com, and Forbes. As a parent herself, she understands the...
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UPDATED: Apr 26, 2025
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
UPDATED: Apr 26, 2025
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes should be easy. This doesn’t influence our content. Our opinions are our own.
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1,733 reviewsCompany Facts
Full Coverage for Teslas
A.M. Best
Complaint Level
Pros & Cons
1,733 reviews
13,283 reviewsCompany Facts
Full Coverage for Teslas
A.M. Best
Complaint Level
Pros & Cons
13,283 reviews
18,154 reviewsCompany Facts
Full Coverage for Teslas
A.M. Best
Complaint Level
Pros & Cons
18,154 reviewsThe best auto insurance for Teslas comes from Travelers, Progressive, and State Farm. Travelers is the top pick overall, with full coverage available starting at under $200 per month, making it the cheapest car insurance option for Tesla owners.
Our Top 10 Company Picks: Best Auto Insurance for Teslas| Company | Rank | EV Discount | A.M. Best | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
 | #1 | 9% | A++ | EV Coverage | Travelers |
 | #2 | 8% | A+ | Online Tools | Progressive |
 | #3 | 10% | A++ | Affordable Rates | State Farm |
 | #4 | 14% | A+ | High-Tech Features | Allstate |
 | #5 | 11% | A+ | Tesla Discounts | Nationwide |
 | #6 | 12% | A | Custom Equipment | Farmers |
 | #7 | 16% | A++ | Low Mileage Plans | Geico |
 | #8 | 11% | A | Roadside Help | Liberty Mutual |
 | #9 | 17% | A | Safe Driving | American Family |
 | #10 | 15% | A+ | Repair Access | Erie |
Progressive stands out with its easy-to-use tools and discounts, while State Farm provides solid rates and excellent customer service.
Tesla drivers are rewarded with special insurance features such as battery protection, autonomous driving coverage, and reduced rates for utilizing advanced safety features.
- Travelers offers comprehensive coverage with the best rates for Tesla owners
- Progressive provides great online tools and discounts for Tesla drivers
- State Farm delivers competitive rates and reliable customer service for Teslas
These companies provide the best balance of value and tailored policies for Tesla drivers. Get fast and cheap auto insurance coverage today with our quote comparison tool.
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#1 – Travelers: Top Overall Pick
Pros
- EV-Specific Protections: Travelers offers specialized Tesla auto insurance that includes home charger and battery coverage.
- Bundling Savings: Tesla drivers can save up to 13% on insurance by bundling with Travelers’ home policies.
- Reliable Insurer: Travelers’ A++ rating reflects solid financial backing for Tesla insurance claims. Explore more ratings in our Travelers auto insurance review.
Cons
- Higher Urban Premiums: Tesla insurance rates through Travelers may rise significantly in big cities.
- Limited Tech Features: App and digital tools for managing insurance policies are basic compared to other Tesla car insurance companies.
#2 – Progressive: Best for Online Tools
Pros
- Strong Digital Experience: Progressive makes managing Tesla car insurance easy with user-friendly online tools that allow drivers to pick coverage based on budget.
- Usage-Based Discounts: Tesla drivers using Progressive’s Snapshot UBI can earn discounts by driving safely (Learn More: Everything You Need to Know About Progressive Insurance).
- Optional Upgrade Coverage: Add-ons like gap insurance and coverage for EV upgrades make Progressive the best auto insurance for Tesla Model 3.
Cons
- Lower Bundling Incentive: Progressive only offers a 10% discount for bundling Tesla auto insurance with other policies.
- Average Claims Ratings: Other Tesla insurance companies have higher satisfaction ratings, including State Farm.
#3 – State Farm: Best for Affordable Rates
Pros
- Cheap Full Coverage: State Farm has the best auto insurance rates for Teslas that need full coverage, starting at just $190 per month.
- Agent Network Support: Personalized service from local agents helps manage Tesla insurance needs.
- Strong Financial Rating: A++ rating means dependable coverage for Tesla car insurance policies.
Cons
- State Limitations: State Farm does not write new policies in RI or MA, and drivers in FL and CA may experience rate hikes. Learn more in our State Farm auto insurance review.
- Fewer Online Tools: State Farm doesn’t have some Tesla-friendly online options compared to more tech-oriented insurers.
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#4 – Allstate: Best for High-Tech Features
Pros
- Tech-Focused Solutions: If you’re a Tesla driver who values digital tools and app-based convenience, our Allstate auto insurance review highlights this insurer as a strong option for tech-forward coverage.
- Smart Driving Rewards: Teslas with Allstate Drivewise can qualify for lower rates by tracking safe driving behavior.
- Top-Tier Bundling: Allstate car insurance for Teslas is eligible for bundling discounts up to 25%, which can translate to huge savings.
Cons
- Expensive for New Drivers: New Tesla drivers might pay more than with other companies.
- Slower Claim Processing: Some Tesla owners complain of delays in Allstate’s claim approval process.
#5 – Nationwide: Best for Tesla Discounts
Pros
- Exclusive Tesla Savings: Nationwide offers discounts for Teslas with advanced driver-assist features, making it the best auto insurance for Tesla Model Y.
- Solid Bundling Value: Tesla insurance costs drop with up to 20% savings on multi-policy bundles.
- Safe Driving Incentives: Tesla owners using Nationwide’s SmartRide UBI program may receive personalized discounts based on good driving habits.
Cons
- Repair Access Limitations: Tesla repairs under Nationwide will be more difficult to locate in rural areas.
- Not All Drivers Qualify: Some Tesla drivers may not earn the full SmartRide benefits due to driving patterns. Learn what impacts rates in our Nationwide auto insurance review.
#6 – Farmers: Best for Custom Equipment Coverage
Pros
- Coverage for Add-Ons: Our Farmers auto insurance review emphasizes the added advantage for Tesla owners with custom technology or modifications, providing specialized equipment protection.
- OEM Repair Assurance: Farmers repairs on Teslas include original manufacturer parts for better quality.
- Bundling Opportunities: By combining your Tesla insurance with a home or renters policy, you may be able to save up to 20%..
Cons
- Higher Rates in Some Areas: Farmers’ Tesla insurance prices can be elevated in certain states.
- Basic App Functionality: Limited tech integration for Tesla users wanting advanced digital tools.
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#7 – Geico: Best for Low Mileage Plans
Pros
- Low-Mileage Perks: Tesla drivers who drive less can earn discounts through Geico’s low-mileage discounts.
- Strong Discount Packages: Up to 25% bundling savings make Geico cost-effective for Tesla insurance.
- EV Roadside Support: Offers Tesla-specific roadside services, including battery assistance and flat tire assistance.
Cons
- Few Tesla-Focused Add-Ons: Everything you need to know about Geico indicates that extras such as wall chargers may not be covered for Teslas.
- Minimal Agent Interaction: Tesla owners may miss personalized service due to Geico’s digital-first approach.
#8 – Liberty Mutual: Best for Roadside Help
Pros
- Tesla Roadside Coverage: Liberty Mutual provides specialized roadside help for Tesla breakdowns and battery issues.
- Top Bundling Discount: Tesla insurance customers can save up to 25% by combining policies.
- Parts & Tech Protection: Covers Tesla-specific features like glass panels and driver-assist sensors.
Cons
- Higher Urban Costs: Our Liberty Mutual insurance review points out that Tesla insurance premiums may be higher in urban areas than in other areas.
- App Limitations: Tesla drivers may find Liberty Mutual’s app lacks the advanced features of its competitors.
#9 – American Family: Best for Safe Driving Programs
Pros
- Safe Driver Incentives: Tesla drivers enrolled in the KnowYourDrive UBI program can qualify for premium discounts.
- Generous Bundling Offer: Tesla drivers receive up to 25% off when they bundle with other policies.
- Coverage for EV Systems: Optional protection extends to Tesla’s software and in-cabin tech systems.
Cons
- Shop Availability Issues: Some areas lack approved repair centers for Tesla insurance claims. Find out more in our American Family vs. Travelers review
- Less Transparent Claims: Tesla policyholders sometimes experience vague updates during claims.
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#10 – Erie Insurance: Best for Repair Access
Pros
- Tesla Repair Access: Erie provides connections to Tesla-certified repair facilities for quality service.
- New Car Replacement: Replaces totaled Teslas with a new model under qualifying policies.
- Top Claims Satisfaction: Tesla drivers give Erie high marks for responsive claims handling, especially in the East.
Cons
- Limited Geographic Reach: Erie’s Tesla insurance is only available in 12 states.
- Fewer Online Tools: While bundling savings are substantial, Erie lacks advanced quote customization.
Companies With The Best Auto Insurance Rates for Teslas
Tesla insurance premiums differ by carrier. Travelers and Erie have cheap minimum coverage, and Liberty Mutual is more expensive. This table compares the Tesla insurance cost per month for minimum and full coverage.
Tesla Auto Insurance Monthly Rates by Provider & Coverage Level| Insurance Company | Minimum Coverage | Full Coverage |
|---|---|---|
| $132 | $261 |
| $94 | $211 |
| $85 | $195 |
| $120 | $242 |
| $92 | $205 |
| $139 | $277 |
| $101 | $219 |
| $98 | $208 |
| $89 | $190 |
| $86 | $193 |
Full coverage shields your Tesla from theft, weather, and accidents, while minimum coverage insures only liability. State Farm and Travelers provide good full coverage for less than $200 a month, perfect for owners who want to save money.
Ensure that your policy limits cover the increased cost of replacement. Teslas are notoriously expensive to fix, and many insurers will total these vehicles rather than pay for repairs. Consider new car replacement or custom parts coverage to protect your investment.
Learn More: What to Do When You’re Denied Insurance Coverage
Getting the Best Tesla Auto Insurance Discounts
When insuring a Tesla, it’s worth knowing which companies offer great deals for electric cars. The table indicates the top discounts, such as safe driving, bundling, and EV-specific discounts, that reduce your premium.
Tesla Auto Insurance Discounts From Top Providers| Insurance Company | Anti-Theft | Bundling | EV Discounts | Good Driver | Safe Driver |
|---|---|---|---|---|---|
| 10% | 25% | 14% | 25% | 18% |
| 25% | 25% | 17% | 25% | 18% |
| 15% | 25% | 15% | 23% | 15% |
| 10% | 20% | 12% | 30% | 20% |
| 35% | 25% | 16% | 20% | 20% |
| 5% | 20% | 11% | 40% | 12% |
| 5% | 20% | 11% | 40% | 12% |
| 25% | 10% | 8% | 30% | 10% |
| 15% | 17% | 10% | 25% | 20% |
| 15% | 13% | 9% | 10% | 17% |
Extra savings come from driving a Tesla electric vehicle with advanced safety features, and bundling multiple policies helps you save with all ten companies.
Travelers offers comprehensive discounts for Tesla owners, including EV-specific savings, multi-policy options, and advanced safety feature rewards.
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Another big discount is the multi-vehicle discount, which is available when you have insured more than one vehicle with the same provider. Cheap providers like Erie, Geico, and Progressive provide multi-vehicle discounts that lower rates even more.
There are 17 car insurance discounts you shouldn’t miss that reduce premiums while making it easy to manage Tesla insurance coverage.
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Auto Insurance Rates for Different Tesla Models
Insurance premiums on Teslas are different. The Model 3 is around $170 per month with less to repair, while the Model Y is around $190. Both are good choices for drivers who desire performance and affordability.
Tesla Insurance Price Comparison: Monthly Rates by Model| Tesla Model | Monthly Rate | Notable Factors |
|---|---|---|
| Tesla Model 3 | $170 | Lower repair costs compared to others |
| Tesla Model Y | $190 | Popular, moderate repair costs |
| Tesla Model S | $285 | High repair costs, luxury classification |
| Tesla Model X | $300 | Expensive parts, luxury SUV |
| Tesla Cybertruck (Est.) | $210 | Anticipated rates; depends on final specs |
| Tesla Roadster (Future Est.) | $290 | High performance, luxury sports car |
Teslas that are luxury cost more to insure. The Model S is around $285 per month, while the Model X is around $300. Owners would want to have the best auto insurance for luxury and exotic vehicles to cover these expensive models.
Future Teslas have variable rates. The Cybertruck should be around $210 a month, based on final specifications. Future Tesla Roadster, a sports car, might be priced roughly $290. Coverage will be highly important.
How to Find the Best Auto Insurance for Teslas
Finding the right Tesla auto insurance is key, as these EVs require specialized coverage due to their advanced technology and higher value. To help you make an informed decision, follow these five steps to secure the best coverage for your electric vehicle.
- Review Your Coverage Needs: Ensure your Tesla is fully covered with liability, collision, and comprehensive coverage, considering its high worth and sophisticated features.
- Compare Automobile Insurance Providers: Take time to compare car insurance companies, as Tesla rates can differ. Compare quotes and seek EV-specialized coverage levels and discounts.
- Take Discounts and Deals: Ask about safe driving, multi-policy, and EV discounts—more than one carrier provides special discounts for Tesla owners.
- Assess Customer Service and Claims Experience: Select a firm that has excellent customer service and streamlined claims handling, ideally one knowledgeable about Tesla repair requirements and with certified shop collaborations.
- Review Deductibles and Coverage Limits: Equate your premium with a deductible that you can pay, and make sure coverage limits are high enough to cover your Tesla in the event of a significant claim.
Select Tesla insurance that meets your requirements and budget. Compare quotes, look for discounts, and select a provider with good claims support to safeguard your investment and enjoy peace of mind while driving.
Drivers find the best auto insurance for Teslas with Travelers, Progressive, and State Farm, which provide full coverage at competitive prices that start below $200 a month.
Progressive suits those who are fond of digital tools and straightforward access, whereas State Farm stands out with solid customer support and budget-friendly alternatives.
Numerous insurers also offer savings under safe driver plans, EV rewards, and discounts for bundling. Start saving on your Tesla auto insurance by entering your ZIP code and comparing quotes.
Frequently Asked Questions
What makes Tesla auto insurance different from regular car insurance?
Tesla insurance covers unique features, like high repair costs, Autopilot, and battery replacement, unlike regular car insurance. Look at our visual guide to auto insurance for more insight.
Can I get roadside assistance coverage for my Tesla?
Yes, insurers like Liberty Mutual offer roadside assistance for Teslas, covering flat tire changes, boosts, and towing.
Is there coverage for Tesla’s battery replacement in my insurance policy?
Battery replacement coverage is available as an add-on, protecting the expensive cost of replacing a Tesla battery.
How do insurance rates for Teslas compare to other electric vehicles?
Tesla insurance rates are higher due to repair costs and advanced features, but EV discounts can help reduce premiums. See how electric cars work to understand the increased insurance costs.
What are the key considerations influencing Tesla insurance rates?
Factors are model value, repair prices, driver history, location, and Tesla’s sophisticated tech and safety features. Find the best Tesla auto insurance rates near you by entering your ZIP code into our free quote tool.
Are there any insurance companies offering discounts specifically for Tesla owners?
Yes, companies like Travelers and Nationwide offer discounts for safety features and Tesla-specific coverage options.
How do Tesla’s advanced safety features affect my insurance?
Tesla’s safety features, like automatic emergency braking, can lower premiums by reducing accident risk.
Are Tesla owners eligible for multi-vehicle discounts?
Yes, covering multiple cars with the same company tends to make Tesla owners eligible for multi-vehicle discounts. Compare quotes to find cheap auto insurance for multiple vehicles.
What types of repair coverage do I need for my Tesla?
Comprehensive and collision auto insurance are essential, with some insurers offering Tesla-specific parts for repairs.
How do Tesla’s high repair costs influence my car insurance policy?
Tesla’s high repair costs lead to higher premiums, but full coverage policies protect against these expensive repairs.
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Heidi Mertlich
Licensed Insurance Agent
Heidi works with top-rated life insurance carriers to bring her clients the highest quality protection at the most competitive prices. She founded NoPhysicalTermLife.com, specializing in life insurance that doesn’t require a medical exam. Heidi is a regular contributor to several insurance websites, including FinanceBuzz.com, Insurist.com, and Forbes. As a parent herself, she understands the...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.