Tesla car insurance
Tesla Model 3 insurance quotes by driver
What the Tesla Model 3 costs to insure today for 31 typical drivers, on a 3-year-old Tesla Model 3 (110kW), private use, comprehensive cover, repairs at an authorised workshop.
Prices as of 28 Oct 2026, GST included.
In short
- A settled driver (40, 50% NCD, no claims) pays from S$869.87 a year.
- A 25-year-old new driver pays from S$3,482.48, 4.0 times the settled driver's price.
- One S$5,000 claim takes the price to S$1,918.38, 2.2 times the settled driver's price.
- Online prices here run from age 21 to 80; every driver here gets an online price.
Driver by driver
| Driver | Lowest | Typical | Insurers |
|---|---|---|---|
| 21, new driveraged 21, single, driving 1 year, no no-claim discount; cheapest Sompo | S$7,518.93 | S$8,816.67 | 3 |
| 23, new driveraged 23, single, driving 1 year, no no-claim discount; cheapest Sompo | S$6,483.78 | S$6,617.47 | 3 |
| 25, new driveraged 25, single, driving 1 year, no no-claim discount; cheapest Allianz | S$3,482.48 | S$5,591.01 | 5 |
| 27, new driveraged 27, single, driving 1 year, no no-claim discount; cheapest Allianz | S$3,379.42 | S$4,703.31 | 5 |
| 28, 10% NCDaged 28, single, driving 2 years, a 10% no-claim discount; cheapest Allianz | S$2,396.05 | S$3,975.83 | 8 |
| 30, new driveraged 30, single, driving 1 year, no no-claim discount; cheapest Allianz | S$3,224.82 | S$4,055.81 | 5 |
| 30, 20% NCDaged 30, single, driving 3 years, a 20% no-claim discount; cheapest Allianz | S$2,063.87 | S$3,370.25 | 8 |
| 30, 50% NCDaged 30, single, driving 6 years, a 50% no-claim discount; cheapest Allianz | S$1,209.88 | S$1,910.76 | 8 |
| 30, woman, 50% NCDaged 30, female, single, driving 6 years, a 50% no-claim discount; cheapest Allianz | S$1,025.32 | S$1,700.86 | 8 |
| 35, 30% NCDaged 35, married, driving 4 years, a 30% no-claim discount; cheapest Allianz | S$1,344.31 | S$2,149.50 | 8 |
| 35, 50% NCDaged 35, married, driving 10 years, a 50% no-claim discount; cheapest Allianz | S$960.22 | S$1,448.25 | 8 |
| 40, 50% NCDaged 40, married, driving 10 years, a 50% no-claim discount; cheapest Allianz | S$869.87 | S$1,381.90 | 8 |
| 40, woman, 50% NCDaged 40, female, married, driving 10 years, a 50% no-claim discount; cheapest Allianz | S$785.96 | S$1,359.29 | 8 |
| 40, after one claimaged 40, married, driving 10 years, one S$5,000 claim in the last 3 years, NCD down to 20%; cheapest Etiqa | S$1,918.38 | S$2,364.65 | 5 |
| 40, after two claimsaged 40, married, driving 10 years, two claims totalling S$10,000 in the last 3 years, no NCD left; cheapest ECICS | S$3,627.59 | S$4,336.54 | 3 |
| 40, outdoor workaged 40, married, outdoor work (driving, site or field work), driving 10 years, a 50% no-claim discount; cheapest Allianz | S$869.87 | S$1,550.89 | 8 |
| 40, demerit pointsaged 40, married, driving 10 years, a 50% no-claim discount, some demerit points; cheapest Allianz | S$927.41 | S$1,415.19 | 8 |
| 40, new driveraged 40, married, driving 1 year, no no-claim discount; cheapest Allianz | S$2,318.56 | S$3,219.66 | 5 |
| 45, 50% NCDaged 45, married, driving 15 years, a 50% no-claim discount; cheapest Allianz | S$864.68 | S$1,359.89 | 8 |
| 45, Certificate of Meritaged 45, married, driving 15 years, a 50% no-claim discount, the Traffic Police's Certificate of Merit; cheapest Allianz | S$864.68 | S$1,322.42 | 8 |
| 50, 50% NCDaged 50, married, driving 20 years, a 50% no-claim discount; cheapest Allianz | S$906.65 | S$1,458.83 | 8 |
| 55, 50% NCDaged 55, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$963.97 | S$1,539.03 | 8 |
| 60, 50% NCDaged 60, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$999.04 | S$1,578.47 | 8 |
| 60, woman, 50% NCDaged 60, female, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$911.00 | S$1,493.58 | 8 |
| 65, 50% NCDaged 65, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$970.21 | S$1,475.06 | 7 |
| 65, after one claimaged 65, married, driving more than 20 years, one S$5,000 claim in the last 3 years, NCD down to 20%; cheapest Etiqa | S$2,127.19 | S$2,827.30 | 5 |
| 70, 50% NCDaged 70, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$925.13 | S$1,553.07 | 6 |
| 72, 50% NCDaged 72, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$957.75 | S$1,554.66 | 4 |
| 75, 50% NCDaged 75, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$999.03 | S$1,634.62 | 4 |
| 78, 50% NCDaged 78, married, driving more than 20 years, a 50% no-claim discount; cheapest AIG | S$1,751.60 | S$2,302.74 | 2 |
| 80, 50% NCDaged 80, married, driving more than 20 years, a 50% no-claim discount; cheapest AIG | S$2,189.52 | S$2,521.70 | 2 |
Budget Direct, DirectAsia, FWD, Income quote live on our results page with your own answers, so they are not counted here. Every plan for the Tesla Model 3 · This table as CSV · Compare with your own details.
Questions people ask
How much is Tesla Model 3 insurance in Singapore?
From S$869.87 a year today for a driver aged 40 with 10 years' driving and a 50% NCD, on a 3-year-old Tesla Model 3 (110kW), private use, comprehensive cover, repairs at an authorised workshop. Young and new drivers, and drivers with claims, pay more: see the table for 31 drivers.
How much is Tesla Model 3 insurance for a new driver?
For a 25-year-old in their first year of driving with no NCD, from S$3,482.48 a year today at Allianz, 4.0 times the price for a settled driver with a 50% NCD. 5 insurers quote this driver online, against 8 for the settled driver.
How much more is Tesla Model 3 insurance after a claim?
After one S$5,000 claim, with the NCD cut from 50% to 20%, the lowest price today is S$1,918.38, 2.2 times the S$869.87 with no claims.
Does a new driver aged 40 pay less than a young new driver for a Tesla Model 3?
Yes, today: S$2,318.56 a year at 40 against S$3,482.48 at 25, both in their first year with no NCD.
Which insurer is cheapest for a Tesla Model 3?
Allianz is cheapest for 24 of the 31 drivers here today. Which insurer is cheapest depends on the driver, so compare with your own details.