Tesla Model Y Insurance in Maryland (2026)
Quick Answer
Full coverage for a 2024 Tesla Model Y in Maryland costs $241/month ($2,896/year). Safety rating: 5/5. Theft risk: low.
✓ Updated March 2026✓ Based on state insurance filings
Tesla Model Y Rates by Company in Maryland
| Company | Monthly | Annual | Best For |
|---|---|---|---|
| CheapestUSAA | $179/mo | $2,143/yr | Military families |
| Erie Insurance | $191/mo | $2,288/yr | Rate lock guarantee |
| GEICO | $198/mo | $2,375/yr | Clean driving record |
| Progressive | $212/mo | $2,548/yr | Telematics savings |
| State Farm | $220/mo | $2,635/yr | Good students |
| Travelers | $229/mo | $2,751/yr | Multiple discounts |
| Nationwide | $251/mo | $3,012/yr | Bundling home + auto |
| Farmers | $261/mo | $3,128/yr | Signal telematics |
| Allstate | $270/mo | $3,244/yr | Accident forgiveness |
| Liberty Mutual | $285/mo | $3,417/yr | New car replacement |
USAACheapest
Monthly
$179/mo
Annual
$2,143/yr
Best for: Military families
Erie Insurance
Monthly
$191/mo
Annual
$2,288/yr
Best for: Rate lock guarantee
GEICO
Monthly
$198/mo
Annual
$2,375/yr
Best for: Clean driving record
Progressive
Monthly
$212/mo
Annual
$2,548/yr
Best for: Telematics savings
State Farm
Monthly
$220/mo
Annual
$2,635/yr
Best for: Good students
Travelers
Monthly
$229/mo
Annual
$2,751/yr
Best for: Multiple discounts
Nationwide
Monthly
$251/mo
Annual
$3,012/yr
Best for: Bundling home + auto
Farmers
Monthly
$261/mo
Annual
$3,128/yr
Best for: Signal telematics
Allstate
Monthly
$270/mo
Annual
$3,244/yr
Best for: Accident forgiveness
Liberty Mutual
Monthly
$285/mo
Annual
$3,417/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 Y Insurance by Age in Maryland
| Age | Monthly | Annual |
|---|---|---|
| 16 years old | $667/mo | $7,999/yr |
| 19 years old | $403/mo | $4,837/yr |
| 21 years old | $321/mo | $3,853/yr |
| 25 years old | $211/mo | $2,534/yr |
| 30 years old | $175/mo | $2,094/yr |
| 40 years old | $164/mo | $1,968/yr |
| 50 years old | $159/mo | $1,906/yr |
| 65 years old | $173/mo | $2,073/yr |