Tesla car insurance
Tesla Model Y insurance quotes by driver
What the Tesla Model Y costs to insure today for 31 typical drivers, on a 3-year-old Tesla Model Y (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$992.89 a year.
- A 25-year-old new driver pays from S$3,974.98, 4.0 times the settled driver's price.
- One S$5,000 claim takes the price to S$1,932.57, 95% more than 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$8,529.38 | 3 |
| 23, new driveraged 23, single, driving 1 year, no no-claim discount; cheapest AIG | S$6,404.89 | S$6,483.78 | 3 |
| 25, new driveraged 25, single, driving 1 year, no no-claim discount; cheapest Allianz | S$3,974.98 | S$5,591.01 | 5 |
| 27, new driveraged 27, single, driving 1 year, no no-claim discount; cheapest Allianz | S$3,857.35 | S$4,877.56 | 5 |
| 28, 10% NCDaged 28, single, driving 2 years, a 10% no-claim discount; cheapest Allianz | S$2,734.90 | S$4,077.33 | 8 |
| 30, new driveraged 30, single, driving 1 year, no no-claim discount; cheapest Allianz | S$3,680.88 | S$4,201.37 | 5 |
| 30, 20% NCDaged 30, single, driving 3 years, a 20% no-claim discount; cheapest ECICS | S$2,308.43 | S$3,309.19 | 8 |
| 30, 50% NCDaged 30, single, driving 6 years, a 50% no-claim discount; cheapest Allianz | S$1,380.98 | S$1,909.11 | 8 |
| 30, woman, 50% NCDaged 30, female, single, driving 6 years, a 50% no-claim discount; cheapest Allianz | S$1,170.33 | S$1,724.56 | 8 |
| 35, 30% NCDaged 35, married, driving 4 years, a 30% no-claim discount; cheapest Allianz | S$1,534.43 | S$2,178.62 | 8 |
| 35, 50% NCDaged 35, married, driving 10 years, a 50% no-claim discount; cheapest Allianz | S$1,096.01 | S$1,486.58 | 8 |
| 40, 50% NCDaged 40, married, driving 10 years, a 50% no-claim discount; cheapest Allianz | S$992.89 | S$1,417.89 | 8 |
| 40, woman, 50% NCDaged 40, female, married, driving 10 years, a 50% no-claim discount; cheapest Allianz | S$897.11 | S$1,395.59 | 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 AIG | S$1,932.57 | S$2,432.20 | 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$3,731.22 | S$4,601.09 | 3 |
| 40, outdoor workaged 40, married, outdoor work (driving, site or field work), driving 10 years, a 50% no-claim discount; cheapest Allianz | S$992.89 | S$1,592.28 | 8 |
| 40, demerit pointsaged 40, married, driving 10 years, a 50% no-claim discount, some demerit points; cheapest Allianz | S$1,058.57 | S$1,453.08 | 8 |
| 40, new driveraged 40, married, driving 1 year, no no-claim discount; cheapest Allianz | S$2,646.45 | S$3,219.66 | 5 |
| 45, 50% NCDaged 45, married, driving 15 years, a 50% no-claim discount; cheapest Allianz | S$986.97 | S$1,394.46 | 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$986.97 | S$1,356.99 | 8 |
| 50, 50% NCDaged 50, married, driving 20 years, a 50% no-claim discount; cheapest Allianz | S$1,034.87 | S$1,497.45 | 8 |
| 55, 50% NCDaged 55, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$1,100.30 | S$1,579.88 | 8 |
| 60, 50% NCDaged 60, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$1,140.33 | S$1,609.34 | 8 |
| 60, woman, 50% NCDaged 60, female, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$1,039.83 | S$1,531.79 | 8 |
| 65, 50% NCDaged 65, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$1,107.42 | S$1,476.17 | 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$2,237.09 | S$2,908.07 | 5 |
| 70, 50% NCDaged 70, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$1,055.97 | S$1,547.00 | 6 |
| 72, 50% NCDaged 72, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$1,093.19 | S$1,565.76 | 4 |
| 75, 50% NCDaged 75, married, driving more than 20 years, a 50% no-claim discount; cheapest Allianz | S$1,140.32 | S$1,648.17 | 4 |
| 78, 50% NCDaged 78, married, driving more than 20 years, a 50% no-claim discount; cheapest AIG | S$1,696.37 | S$2,557.98 | 2 |
| 80, 50% NCDaged 80, married, driving more than 20 years, a 50% no-claim discount; cheapest AIG | S$2,120.48 | S$2,770.03 | 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 Y · This table as CSV · Compare with your own details.
Questions people ask
How much is Tesla Model Y insurance in Singapore?
From S$992.89 a year today for a driver aged 40 with 10 years' driving and a 50% NCD, on a 3-year-old Tesla Model Y (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 Y insurance for a new driver?
For a 25-year-old in their first year of driving with no NCD, from S$3,974.98 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 Y insurance after a claim?
After one S$5,000 claim, with the NCD cut from 50% to 20%, the lowest price today is S$1,932.57, 95% more than the S$992.89 with no claims.
Does a new driver aged 40 pay less than a young new driver for a Tesla Model Y?
Yes, today: S$2,646.45 a year at 40 against S$3,974.98 at 25, both in their first year with no NCD.
Which insurer is cheapest for a Tesla Model Y?
Allianz is cheapest for 23 of the 31 drivers here today. Which insurer is cheapest depends on the driver, so compare with your own details.