Tesla Model 3 Insurance Cost (2026)

Q: Do older Tesla Model 3 model years cost less to insure?

Penny asks: "How much do older model years save?" Scout answers: "Plenty. A 2017 Tesla Model 3 runs about -14% versus the 2021 baseline of $172/mo, while a 2025 runs +17%. Liability barely moves; it is the comprehensive and collision share that falls as the vehicle depreciates."

Billie's quick take

Average full coverage: $172/mo for a 2021 Tesla Model 3, clean record
Liability-only averages $60/mo across recent model years
That puts the Tesla Model 3 about $20/mo above the $152 national average for full coverage

Cost by model year

Model year	Liability / mo	Full coverage / mo	vs 2021 baseline
2025 Tesla Model 3	$62	$201	+17%
2023 Tesla Model 3	$61	$184	+7%
2021 Tesla Model 3	$60	$172	baseline
2019 Tesla Model 3	$59	$162	-6%
2017 Tesla Model 3	$59	$148	-14%

Illustrative estimates for layout and comparison purposes; see our methodology.

Tesla Model 3 vs rival vehicles

Vehicle	Full coverage / mo	Note
Tesla Model 3	$172	The vehicle on this page
Tesla Model Y	$181	Same battery risk, taller
Toyota Camry	$128	The gas alternative
Polestar 2	$178	Fewer certified shops

Illustrative estimates for layout and comparison purposes; see our methodology.

What moves a Tesla Model 3 premium

Trim level: base trims sit at the bottom of the rate sheet; performance and top-spec trims carry higher collision costs
Repair and parts network: the easier a Tesla Model 3 is to fix near you, the lower the comprehensive and collision share runs
Safety tech: automatic emergency braking and driver-assist packages earn discounts with most major carriers
Usage: commuting under 10,000 miles a year rates cheaper; business or rideshare use adds a surcharge

Tesla Model 3 questions, answered

Is a Tesla Model 3 expensive to insure?

It leans that way. At $172/mo for full coverage, a 2021 Tesla Model 3 runs about $20/mo above the $152 national average, so budget a little extra versus a typical vehicle.

Do older Tesla Model 3 model years cost less to insure?

Yes. A 2017 Tesla Model 3 runs about -14% versus the 2021 baseline; a 2025 runs +17%. Depreciation eats the collision premium. Billie approves of anything that eats premiums.

Tesla Model 3 insurance cost (2026)