Tesla Model X Insurance Rates

Drivers have lots of options when trying to insure your Tesla vehicle. You can either contact an agent or shop online to compare rates from many different companies. Shopping for car insurance from online companies is easy, plus you can save money.

Consumers not familiar with buying insurance may think purchasing low-cost Model X insurance can be quite difficult. There are several ways of comparing rates from different insurance companies. The quickest method to compare Model X insurance quotes consists of shopping online. This can be done by comparing rates here.

Car insurance rates influenced by the following

Car insurance premiums on a Tesla Model X can vary widely based upon several criteria. Including but not limited to:

• The performance level of your Model X
• Any accidents you may have
• Whether you insure your home with the same company
• Pleasure use vs. commuting use
• Add-on coverages such as rental reimbursement
• Your occupation
• The level of coverage
• Home ownership saves money

An additional factor that will help determine Model X insurance rates is the year of the vehicle. Older cars and trucks have a lower value than newer models so the cost to replace them will push premiums down. Conversely, newer vehicles may have safety features such as lane departure warning system, dual-stage airbags, and sideview assist mirrors which can lower rates.

To get a better idea how much rates will be for your vehicle, select the year of your Model X from the list below.

• 2016 Tesla Model X Insurance Rates

Liability coverage

Liability insurance can cover damage or injury you incur to people or other property by causing an accident. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so you should buy higher limits if possible.

Collision coverage

Collision coverage covers damage to your Tesla resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder. Collision coverage for your Model X can be pricey, so consider dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout your car insurance company will pay is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants from other drivers when they either are underinsured or have no liability coverage at all. Due to the fact that many drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as EMT expenses, pain medications, and nursing services. They are often used in conjunction with a health insurance policy or if you do not have health coverage. PIP is not an option in every state and gives slightly broader coverage than med pay.

How Much are Tesla Model X Insurance Rates?