Estimates, not quotes

Tesla Model 3 vs Kia K5 Insurance Cost

The Tesla Model 3 is cheaper to insure by about $335 a year for full coverage by our estimate ($1,670 vs. $2,005), and cheaper in 51 of 51 states.

These are estimates, not quotes. Figures are modeled from public data (NAIC, Census, FEMA, IIHS/HLDI) for comparison only. Your actual premium depends on your insurer, driving history, vehicle and coverage choices. We are not an insurance company or agency. How we estimate

Side-by-side insurance estimate

CoverageTesla Model 3Kia K5Difference
State minimum$590$760−$170
Standard (100/300/100)$855$1,100−$245
Full coverage$1,670$2,005−$335

National average base rates, driver in their 30s with a clean record, latest model year of each car. Difference = Model 3 minus K5.

Why one costs more to insure

FactorTesla Model 3Kia K5
SegmentMidsize carMidsize car
PowertrainsElectricGasoline
HLDI collision (100 = avg)133144
HLDI comprehensive87116
HLDI property damage liability98125
HLDI bodily injury liability91155
NHTSA overall rating5★5★
NICB most-stolen rankNot in top 10Not in top 10
Recalls (latest 3 model years)43

Collision losses are the biggest swing factor: the Kia K5 has 11 points higher relative collision losses, meaning its crash repairs cost insurers more on average. Comprehensive losses (theft, weather, glass) also favor the Tesla Model 3.

Model 3 vs K5 insurance by state

StateModel 3K5Difference
Alabama$1,470$1,755−$285
Alaska$1,480$1,765−$285
Arizona$1,735$2,095−$360
Arkansas$1,490$1,775−$285
California$1,690$1,990−$300
Colorado$1,860$2,260−$400
Connecticut$1,770$2,130−$360
Delaware$1,830$2,225−$395
District of Columbia$2,135$2,540−$405
Florida$2,320$2,835−$515
Georgia$2,035$2,470−$435
Hawaii$1,185$1,400−$215
Idaho$1,135$1,360−$225
Illinois$1,460$1,745−$285
Indiana$1,195$1,430−$235
Iowa$1,135$1,360−$225
Kansas$1,325$1,595−$270
Kentucky$1,395$1,680−$285
Louisiana$2,290$2,765−$475
Maine$1,080$1,285−$205
Maryland$1,870$2,250−$380
Massachusetts$1,665$1,980−$315
Michigan$1,840$2,195−$355
Minnesota$1,385$1,665−$280
Mississippi$1,595$1,915−$320
Missouri$1,510$1,815−$305
Montana$1,325$1,595−$270
Nebraska$1,330$1,600−$270
Nevada$1,880$2,290−$410
New Hampshire$1,210$1,435−$225
New Jersey$1,990$2,410−$420
New Mexico$1,500$1,800−$300
New York$2,215$2,680−$465
North Carolina$1,280$1,510−$230
North Dakota$1,075$1,285−$210
Ohio$1,205$1,435−$230
Oklahoma$1,505$1,805−$300
Oregon$1,480$1,790−$310
Pennsylvania$1,480$1,760−$280
Rhode Island$2,010$2,420−$410
South Carolina$1,750$2,125−$375
South Dakota$1,260$1,520−$260
Tennessee$1,405$1,675−$270
Texas$1,970$2,370−$400
Utah$1,500$1,815−$315
Vermont$1,115$1,315−$200
Virginia$1,440$1,725−$285
Washington$1,445$1,745−$300
West Virginia$1,400$1,675−$275
Wisconsin$1,140$1,370−$230
Wyoming$1,295$1,555−$260

By driver profile (full coverage)

DriverModel 3K5
Teen driver (18, own policy)$4,595$5,515
Young adult (22)$2,675$3,210
Adult in their 30s$1,670$2,005
Adult in their 50s$1,535$1,845
Senior (72)$1,870$2,245
30s, one at-fault accident$2,425$2,910
30s, DUI on record$3,090$3,710

More comparisons

Frequently asked questions

Is the Tesla Model 3 or the Kia K5 cheaper to insure?

By our estimate the Tesla Model 3 is cheaper, by about $335 a year for full coverage ($1,670 vs. $2,005) for a driver in their 30s with a clean record.

Why does insurance cost differ between the Tesla Model 3 and Kia K5?

Mostly because of insurance-loss history: HLDI collision indices of 133 vs. 144 and comprehensive indices of 87 vs. 116 (100 = average), plus repair costs, theft rates and segment.

How we estimate this

We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.

Sources used on this page