Fully comprehensive
✔ Highest level of protection
✔ Injuries and damage to you and your car
✔ Medical expenses
✔ Fire and theft
✔ Injuries and damage to others
✔ Legal protection
How much does it cost to insure an Tesla Model 3?
Average policy price:
£740^
Based on fully comprehensive policies for all drivers across the UK.
Is the Tesla Model 3 expensive to run?
The Tesla Model 3 has high up-front costs but is relatively cheap to power, thanks to its electric power train. Charging costs are lower than fuel, but repairs to the battery might be costly - and insurance premiums are generally high too.
Are Tesla Model 3s expensive to insure?
Yes, the Tesla Model 3 falls into higher insurance groups due to its advanced technology, high repair costs and premium value. Insurance premiums for the Model 3 factor in things like specialist repairs and battery replacements which can be expensive, which means your premiums will be expensive too.
What's the best insurance for a Telsa Model 3?
Fully comprehensive car insurance offers the highest level of cover and can often be cheaper than the other options.
If your car is damaged in an accident, fully comprehensive is the only level of cover that will protect you financially against any costs related to you or your vehicle. Third-party policies are designed to protect other drivers in the event you cause an accident.
How can I get cheaper car insurance?
Some of the factors that impact the cost of your car insurance are difficult to change: your job, where you live, how old you are.
But there are tweaks everyone can make to bring down your premiums. These include:
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 insurance group does a Telsa Model 3 fall into?
You will generally find that Tesla Model 3s are sorted into insurance groups ranging from 36 to 50, indicating that these cars are among the most expensive to insure. Cars in these groups are often more powerful, valuable and harder to repair, so insurers will often charge more to insure them as a result of the higher risk involved.
As an electric car with advanced technology and expensive battery components, the Model 3 comes with steep repair costs which will drive up insurance premiums. If you’re looking for cheaper cover, you could think about cars like the Volkswagen ID.3 or the Nissan Leaf for more affordable insurance.
This table shows insurance groups for some common models:
Model | Insurance group |
|---|---|
Standard Trim RWD Auto 4d | 36 |
Standard Range Plus auto 4d | 48 |
Long Range RWD Auto 4d | 38 |
Performance All-Wheel Drive auto 4d | 50 |
Don't see your car model?
What cover do I need for my Tesla Model 3?
You can choose between three types of car insurance:
-
-
Third-party, fire and theft
✔ Injuries and damage to others
✔ Fire damage to your car
✔ Theft of your car
-
Third-party only
✔ Legal requirement
✔ Injuries and damage to others
What add-ons can I get with my car insurance?
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MoneySuperMarket has won the Feefo Platinum Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.
Reviewed on 30 Dec 2025
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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).
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Based on the median annual price of comprehensive car insurance policies sold through MoneySuperMarket between November 2024 and October 2025.
Defaqto is an leading independent reviewer of financial products. Three stars is for 'A standard product providing an average level of features and benefits'.
Individual pet insurance products from Waggel will have different ratings. Data from the Defaqto website. Data from Aug 2025.
T&Cs and restrictions apply, see here for more information
T&Cs apply, click here for more information