Insurance Estimator

How this is calculated

Base: a UK average comprehensive premium (about £650/yr), multiplied by your region's cost index (London is the most expensive).
Vehicle: insurance group on the 1–50 scale. A typical car sits around group 20; each group above adds about 2.5%, so Teslas (groups 47–50) start roughly 70–75% above average.
Driver: an age curve (17–19-year-olds pay several times the base; rates bottom out in the 50s and 60s and rise again after 75), claims and convictions (speeding +12%, a fault claim +35%, drink-driving more than doubles it), and No Claims Discount relative to a typical five years (0 years ≈ 2.2×, 9+ years ≈ −11%).
Policy: cover level (third party only +8% and third party, fire & theft +3% versus comprehensive), voluntary excess (£250 ≈ −5%, £1,000 ≈ −14%), annual miles (~1.2% per 1,000 miles from 7,400), overnight parking (garage −4%, street +8%), named drivers and a multi-car discount (−8%).
Telematics: an illustrative black-box curve — about +10% at 70, −12% at 90 and −28% at 100 versus the standard estimate.

Why are Teslas in such high insurance groups?

Groups reflect repair costs, parts prices, performance and security. Teslas have expensive aluminium and structural castings, cameras and sensors in the bumpers, a limited network of approved body shops and long repair times — and every trim is quick. Most sit in groups 47–50, the same territory as large premium SUVs.

Is third party only cheaper?

Often not. Insurers see third-party-only policies chosen disproportionately by higher-risk drivers, so they price them accordingly. Comprehensive cover is frequently the same price or cheaper — and it's the only one that pays to repair your own car. Always quote all three.

Should I protect my No Claims Discount?

Protection usually costs 10–20% extra and lets you make one or two claims in a set period without losing the discount — but your premium can still rise after a claim. It's worth more the bigger your NCD and the pricier the car to repair.

Base: a national average full-coverage premium for a typical driver (about $2,350/yr), multiplied by your state's cost index.
Vehicle: +0.6% for every $1,000 of price above $40,000 (less below it), +12% for Performance, Plaid and Cyberbeast trims, +10% for Cybertruck, and +12% for the higher repair and parts costs typical of Teslas.
Driver: an age curve (teens pay up to ~3× the base; rates bottom out in the 50s and rise again after 70), driving record (ticket +22%, at-fault accident +45%, DUI +85%), and credit tier (−15% to +60%) where the state allows it.
Policy: state-minimum liability ≈ 35% of standard full coverage; full coverage with higher limits and a low deductible ≈ +20%. Miles move the price ~0.8% per 1,000 miles from 12,000; garage parking −4%; bundling −12%.
Safety Score: an illustrative telematics curve — about +15% at 70, −10% at 90 and −25% at 100 versus the standard estimate.

Why do Teslas often cost more to insure?

Higher prices, aluminum and structural castings, sensors and cameras in bumpers, and a limited network of certified body shops all push repair bills up. Quick acceleration on Performance trims also correlates with more claims.

Which states limit the use of credit?

California, Hawaii, Massachusetts and Michigan restrict or ban credit-based pricing for auto insurance, so the credit tier is ignored there. Rules change — check your state's insurance department.

Is a usage-based policy worth it?

If you drive smoothly and not much at night, often yes: good scores can bring large discounts. But your premium can rise if the score drops, and these policies aren't sold in every state. Compare the real quote against a traditional one.

What drives your estimate

Safety Score simulatorTelematics simulator

Ways to lower it

Every model, same driver

How this is calculated