Tesla Model 3 Insurance in Minnesota (2026)
Quick Answer
Full coverage for a 2024 Tesla Model 3 in Minnesota costs $216/month ($2,597/year). Safety rating: 5/5. Theft risk: low.
✓ Updated March 2026✓ Based on state insurance filings
Tesla Model 3 Rates by Company in Minnesota
| Company | Monthly | Annual | Best For |
|---|---|---|---|
| CheapestUSAA | $160/mo | $1,922/yr | Military families |
| Erie Insurance | $171/mo | $2,052/yr | Rate lock guarantee |
| GEICO | $177/mo | $2,130/yr | Clean driving record |
| Progressive | $190/mo | $2,285/yr | Telematics savings |
| State Farm | $197/mo | $2,363/yr | Good students |
| Travelers | $206/mo | $2,467/yr | Multiple discounts |
| Nationwide | $225/mo | $2,701/yr | Bundling home + auto |
| Farmers | $234/mo | $2,805/yr | Signal telematics |
| Allstate | $242/mo | $2,909/yr | Accident forgiveness |
| Liberty Mutual | $255/mo | $3,064/yr | New car replacement |
USAACheapest
Monthly
$160/mo
Annual
$1,922/yr
Best for: Military families
Erie Insurance
Monthly
$171/mo
Annual
$2,052/yr
Best for: Rate lock guarantee
GEICO
Monthly
$177/mo
Annual
$2,130/yr
Best for: Clean driving record
Progressive
Monthly
$190/mo
Annual
$2,285/yr
Best for: Telematics savings
State Farm
Monthly
$197/mo
Annual
$2,363/yr
Best for: Good students
Travelers
Monthly
$206/mo
Annual
$2,467/yr
Best for: Multiple discounts
Nationwide
Monthly
$225/mo
Annual
$2,701/yr
Best for: Bundling home + auto
Farmers
Monthly
$234/mo
Annual
$2,805/yr
Best for: Signal telematics
Allstate
Monthly
$242/mo
Annual
$2,909/yr
Best for: Accident forgiveness
Liberty Mutual
Monthly
$255/mo
Annual
$3,064/yr
Best for: New car replacement
These are estimates based on state averages. Your exact rate depends on your specific profile.
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Tesla Model 3 Insurance by Age in Minnesota
| Age | Monthly | Annual |
|---|---|---|
| 16 years old | $598/mo | $7,174/yr |
| 19 years old | $362/mo | $4,338/yr |
| 21 years old | $288/mo | $3,456/yr |
| 25 years old | $189/mo | $2,272/yr |
| 30 years old | $157/mo | $1,878/yr |
| 40 years old | $147/mo | $1,765/yr |
| 50 years old | $142/mo | $1,709/yr |
| 65 years old | $155/mo | $1,859/yr |