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Tesla car insurance

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About Tesla

Tesla was one of the first brands to mass-produce electric vehicles at scale and quickly became synonymous with EV ownership. The Model 3 and Model Y have consistently been among the UK’s best-selling electric cars. A key differentiator has been Tesla’s Supercharger network, which integrates with the car’s navigation system to help drivers plan charging stops more easily.

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How much does it cost to insure a Tesla?

The cost of insuring a Tesla will depend on the model you have, as well as factors such as your age and driving history.

Insurance providers sort cars into different insurance groups, with one being the least expensive and 50 the most expensive. The higher the insurance group, the more expensive your insurance will be.

Model

Average yearly premium

Model-3 Long Range AWD

£789^

Model-Y Long Range AWD

£884^

Model-3 Standard Range Plus

£816^

Model-3 Performance AWD

£769^

Model-Y RWD

£926^

Model-3 Performance

£825^

How can I get cheaper insurance for my Tesla?

Increasing your excess

Increase – or add – a voluntary excess to get cheaper premiums. But make sure you could afford to pay this amount in the event of a claim.

Buying insurance 20 days ahead

Our research shows this is when you’ll get offered the best renewal quotes and that comparing quotes on this day can save you up to £231^ .

Paying annually

Pay for your car insurance in one go. Annual payments are up to 31% lower than the total cost of monthly instalments, saving you up to £267.

Based on MoneySuperMarket quoted policies for annual car insurance, between August 7th 2024 and November 5th 2024.


Driving safely

Convictions and endorsements for speeding or other driving offences will mean paying more for insurance.

Reducing extras

Add-ons like breakdown cover cost extra to add to your policy. Cutting out the extras you don't need can reduce your car insurance price.

Building up a no-claims bonus

The more no claims bonus you have, the cheaper your premium will be.

Parking off-road

You can reduce the cost of motor insurance by parking your vehicle off the road – such as a secure car park or locked garage – when you're not using it.

Adding a named driver

Young or inexperienced drivers can reduce premiums by adding an older driver to their policy.

What type of insurance do I need?

Third-party only
Third-party only is the minimum level of cover you need to drive in the UK – it covers damage you do to a third party, their car or their property

Third-party, fire and theft
Third-party, fire and theft policies add cover for your own car if it’s stolen or damaged as a result of fire or an explosion

Fully comprehensive
Fully comprehensive policies offer everything included above, as well as a range of extra cover for you and your vehicle

Fully comprehensive

£814 ^

Third-party, fire and theft

£1148 ^

Third-party only

£1401 ^

Average cost of car insurance by policy type for Teslas

Where can I get insurance for my Tesla?

MoneySuperMarket's comparison tool allows you to compare quotes from trusted insurers across the UK. Once you've filled out a few details, we'll compile all your quotes in one place to help you find the best deal on your car insurance.

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What do I need to get accurate car insurance quotes?

  • Your car registration number and driving licence number

  • Any no-claims bonus you’ve accrued

  • When you bought the car and any modifications made

  • Your expected annual mileage

  • Whether you’ll use the car for social, commuting, or business purposes

Note: you can still get a quote if you don't know the registration yet

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Why is Tesla insurance so high in the UK?

Tesla vehicles can be particularly expensive to insure because they are heavily software-driven, with many controls integrated into central touchscreen systems rather than physical buttons. Repairs often require specialist parts and trained technicians. Combined with high vehicle values and expensive components, this can increase repair costs and the likelihood of write-offs, which insurers factor into premiums.

Are Tesla’s expensive to maintain?

Tesla’s are usually seen to be less expensive than luxury cars to maintain, however when electronics fail it can be quite expensive to repair. Electronic repairs are generally more expensive than tires, brakes, and suspension repairs. 

How much does it cost to charge a Tesla?

The cost of charging a Tesla in the UK will depend on the type of charger you use, the electricity tariff you have, and the size of your Tesla's battery. The average cost to fully charge a Tesla at home was £24.86 in 2024, according to Checkatrade.

It is usually more expensive to use public rapid chargers, including Tesla's own Supercharger network. Prices will vary depending on location, the time of day, your battery size, ambient temperature and other factors, but Checkatrade put the average costs in 2024 at 53p/kWH for monthly members and 77p/kWh for non members.

Does Tesla have in-house insurance?

Yes, Tesla insurance offers a variety of cover options. Tesla uses data from its own vehicles to assess risk and offer potential lower rates to Tesla owners. 

How much does Tesla car insurance cost?

The cost of insuring a Tesla will depend on a range of factors, including your age, location and driving history as well as the specific model you have.

Insurers sort cars into different insurance groups numbered from one to 50 – with cars in group one usually being the cheapest to insure.

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Reviewed on 2 Mar 2026 by

YouGov Survey 1st July 2024 to 30th June 2025. Net Recommend score derived from “Which of the following online service websites would you recommend to a friend or colleague, or tell them to avoid?” Base: Current Customers of (MoneySuperMarket n=18,382, Compare the Market n=16,802, Go.Compare n=10,162, Confused.com n=8,229, Uswitch n=528).

Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between February 2025 and January 2026.

Based on the median annual price of third party, fire & theft car insurance policies sold through MoneySuperMarket between February 2025 and January 2026.

Based on the median annual price of third party only car insurance policies sold through MoneySuperMarket between February 2025 and January 2026.

Based on MoneySuperMarket quoted policies for annual car insurance, between July 25th 2024 and October 23rd 2024

Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between February 2025 and January 2026.

Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between January 2025 and December 2025.

Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between January 2025 and December 2025.

Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between July 2024 and June 2025.

Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between August 2024 and July 2025.

Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between February 2025 and January 2026.

Accurate as of 02 March 2026.