Estimates, not quotes

Tesla Model Y vs Ford Explorer Insurance Cost

The Ford Explorer is cheaper to insure by about $105 a year for full coverage by our estimate ($1,505 vs. $1,400), 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 YFord ExplorerDifference
State minimum$530$550−$20
Standard (100/300/100)$770$800−$30
Full coverage$1,505$1,400+$105

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

Why one costs more to insure

FactorTesla Model YFord Explorer
SegmentMidsize SUVMidsize SUV
PowertrainsElectricGasoline, Hybrid, Flex-fuel
HLDI collision (100 = avg)11885
HLDI comprehensive7781
HLDI property damage liability8284
HLDI bodily injury liability8392
NHTSA overall rating5★5★
NICB most-stolen rankNot in top 10Not in top 10
Recalls (latest 3 model years)1029

Collision losses are the biggest swing factor: the Tesla Model Y has 33 points higher relative collision losses, meaning its crash repairs cost insurers more on average.

Model Y vs Explorer insurance by state

StateModel YExplorerDifference
Alabama$1,325$1,220+$105
Alaska$1,335$1,225+$110
Arizona$1,560$1,470+$90
Arkansas$1,345$1,235+$110
California$1,520$1,370+$150
Colorado$1,675$1,590+$85
Connecticut$1,590$1,490+$100
Delaware$1,645$1,565+$80
District of Columbia$1,920$1,765+$155
Florida$2,085$2,005+$80
Georgia$1,830$1,735+$95
Hawaii$1,065$965+$100
Idaho$1,025$950+$75
Illinois$1,315$1,215+$100
Indiana$1,075$995+$80
Iowa$1,020$950+$70
Kansas$1,195$1,120+$75
Kentucky$1,255$1,180+$75
Louisiana$2,060$1,940+$120
Maine$970$890+$80
Maryland$1,685$1,570+$115
Massachusetts$1,495$1,375+$120
Michigan$1,655$1,525+$130
Minnesota$1,245$1,170+$75
Mississippi$1,435$1,340+$95
Missouri$1,355$1,270+$85
Montana$1,190$1,115+$75
Nebraska$1,200$1,120+$80
Nevada$1,690$1,610+$80
New Hampshire$1,090$995+$95
New Jersey$1,790$1,690+$100
New Mexico$1,350$1,255+$95
New York$1,990$1,880+$110
North Carolina$1,150$1,045+$105
North Dakota$970$895+$75
Ohio$1,085$1,000+$85
Oklahoma$1,355$1,260+$95
Oregon$1,330$1,260+$70
Pennsylvania$1,330$1,220+$110
Rhode Island$1,810$1,690+$120
South Carolina$1,570$1,500+$70
South Dakota$1,135$1,070+$65
Tennessee$1,265$1,160+$105
Texas$1,775$1,660+$115
Utah$1,350$1,270+$80
Vermont$1,005$910+$95
Virginia$1,295$1,205+$90
Washington$1,300$1,220+$80
West Virginia$1,260$1,170+$90
Wisconsin$1,025$955+$70
Wyoming$1,165$1,095+$70

By driver profile (full coverage)

DriverModel YExplorer
Teen driver (18, own policy)$4,135$3,850
Young adult (22)$2,405$2,240
Adult in their 30s$1,505$1,400
Adult in their 50s$1,385$1,290
Senior (72)$1,685$1,570
30s, one at-fault accident$2,180$2,030
30s, DUI on record$2,780$2,590

More comparisons

Frequently asked questions

Is the Tesla Model Y or the Ford Explorer cheaper to insure?

By our estimate the Ford Explorer is cheaper, by about $105 a year for full coverage ($1,505 vs. $1,400) for a driver in their 30s with a clean record.

Why does insurance cost differ between the Tesla Model Y and Ford Explorer?

Mostly because of insurance-loss history: HLDI collision indices of 118 vs. 85 and comprehensive indices of 77 vs. 81 (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