Cheapest Tesla to Insure in 2026: Every Model Ranked

The Tesla Model 3 is the cheapest Tesla to insure in 2026, followed by the Model Y. The Model S, Model X and Cybertruck cost much more, because they're pricier to buy and to repair. Within each model, older model years and non-Performance trims cost the least.

Here's every current Tesla ranked by typical insurance cost, and how to pick the cheapest one to insure.

Every Tesla ranked by insurance cost

Typical monthly full-coverage cost for a clean-record adult driver in an average-cost state, using our Tesla Insurance Cost Estimator for a 2025 model:

The ranges reflect differences between insurers — the cheapest quote is often 30–40% below the most expensive for the same car. High-cost states like California, Florida, New York and Michigan can be 40–50% above these numbers. For California numbers, see our Model 3 and Model Y guides, and for the other two see Tesla insurance in Florida and in New York.

Why the Model 3 is cheapest

• Lowest purchase price of any Tesla, so collision and comprehensive coverage cost less.
• Huge parts supply — it's one of the best-selling EVs ever made, so parts and trained shops are easier to find.
• Smaller body with fewer large panels than the Model Y.

Cheapest trims and years

• RWD and Long Range cost less to insure than Performance.
• Older model years cost less because the car is worth less — a 2022 Model 3 typically costs about 20% less to insure than a 2025.
• But very old cars may lack newer safety features, so the savings level off.

Model Y vs Model 3: how big is the gap?

In our estimates the Model Y usually costs $30–$80 a month more to insure than the Model 3, depending on the insurer and state. Over five years that's $1,800–$4,800 — worth factoring in if you're choosing between them.

The Cybertruck

The Cybertruck is usually the most expensive Tesla to insure. Its stainless steel body is hard to repair, there are few repair shops with experience, and insurers have little claims history. Some insurers price it cautiously or limit coverage options.

Ways to cut insurance on any Tesla

1. Compare at least three quotes, including Tesla Insurance where available.
2. Pick a higher deductible if you have savings to cover it.
3. Bundle with home or renters insurance.
4. Use your driving data where it's allowed — Tesla Insurance's Safety Score can lower premiums outside California.
5. Look for an FSD discount if you have HW4 and live in a Lemonade FSD state — see Tesla FSD insurance discounts.

For the full story on costs, read why Tesla insurance is so expensive.

Frequently asked questions

Is the Model 3 or Model Y cheaper to insure?

The Model 3, usually by $30–$80 a month.

Is a used Tesla cheaper to insure?

Yes, generally. An older Tesla is worth less, so collision and comprehensive coverage cost less. Liability costs stay about the same.

What's the most expensive Tesla to insure?

Usually the Cybertruck or a Model X Plaid, because of their prices and repair costs.

The bottom line

If insurance cost matters, the Model 3 is the cheapest Tesla to insure, and an RWD or Long Range trim a couple of years old is the sweet spot. Check your own numbers in the Tesla Insurance Cost Estimator before you buy.