Tesla Model Y vs Toyota Highlander Insurance Cost

The Toyota Highlander is cheaper to insure by about $95 a year for full coverage by our estimate ($1,505 vs. $1,410), 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

Coverage	Tesla Model Y	Toyota Highlander	Difference
State minimum	$530	$560	−$30
Standard (100/300/100)	$770	$810	−$40
Full coverage	$1,505	$1,410	+$95

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

Why one costs more to insure

Factor	Tesla Model Y	Toyota Highlander
Segment	Midsize SUV	Midsize SUV
Powertrains	Electric	Gasoline, Hybrid
HLDI collision (100 = avg)	118	88
HLDI comprehensive	77	88
HLDI property damage liability	82	87
HLDI bodily injury liability	83	94
NHTSA overall rating	5★	5★
NICB most-stolen rank	Not in top 10	Not in top 10
Recalls (latest 3 model years)	10	7

Collision losses are the biggest swing factor: the Tesla Model Y has 30 points higher relative collision losses, meaning its crash repairs cost insurers more on average. Comprehensive losses (theft, weather, glass) also favor the Tesla Model Y.

Model Y vs Highlander insurance by state

State	Model Y	Highlander	Difference
Alabama	$1,325	$1,225	+$100
Alaska	$1,335	$1,235	+$100
Arizona	$1,560	$1,480	+$80
Arkansas	$1,345	$1,240	+$105
California	$1,520	$1,375	+$145
Colorado	$1,675	$1,605	+$70
Connecticut	$1,590	$1,500	+$90
Delaware	$1,645	$1,580	+$65
District of Columbia	$1,920	$1,775	+$145
Florida	$2,085	$2,025	+$60
Georgia	$1,830	$1,750	+$80
Hawaii	$1,065	$970	+$95
Idaho	$1,025	$960	+$65
Illinois	$1,315	$1,220	+$95
Indiana	$1,075	$1,000	+$75
Iowa	$1,020	$960	+$60
Kansas	$1,195	$1,130	+$65
Kentucky	$1,255	$1,190	+$65
Louisiana	$2,060	$1,955	+$105
Maine	$970	$895	+$75
Maryland	$1,685	$1,585	+$100
Massachusetts	$1,495	$1,385	+$110
Michigan	$1,655	$1,535	+$120
Minnesota	$1,245	$1,180	+$65
Mississippi	$1,435	$1,350	+$85
Missouri	$1,355	$1,280	+$75
Montana	$1,190	$1,130	+$60
Nebraska	$1,200	$1,130	+$70
Nevada	$1,690	$1,625	+$65
New Hampshire	$1,090	$1,000	+$90
New Jersey	$1,790	$1,705	+$85
New Mexico	$1,350	$1,265	+$85
New York	$1,990	$1,895	+$95
North Carolina	$1,150	$1,050	+$100
North Dakota	$970	$905	+$65
Ohio	$1,085	$1,005	+$80
Oklahoma	$1,355	$1,270	+$85
Oregon	$1,330	$1,270	+$60
Pennsylvania	$1,330	$1,230	+$100
Rhode Island	$1,810	$1,705	+$105
South Carolina	$1,570	$1,515	+$55
South Dakota	$1,135	$1,080	+$55
Tennessee	$1,265	$1,170	+$95
Texas	$1,775	$1,675	+$100
Utah	$1,350	$1,285	+$65
Vermont	$1,005	$915	+$90
Virginia	$1,295	$1,215	+$80
Washington	$1,300	$1,230	+$70
West Virginia	$1,260	$1,180	+$80
Wisconsin	$1,025	$965	+$60
Wyoming	$1,165	$1,105	+$60

By driver profile (full coverage)

Driver	Model Y	Highlander
Teen driver (18, own policy)	$4,135	$3,880
Young adult (22)	$2,405	$2,260
Adult in their 30s	$1,505	$1,410
Adult in their 50s	$1,385	$1,300
Senior (72)	$1,685	$1,580
30s, one at-fault accident	$2,180	$2,045
30s, DUI on record	$2,780	$2,610

More comparisons

Frequently asked questions

Is the Tesla Model Y or the Toyota Highlander cheaper to insure?

By our estimate the Toyota Highlander is cheaper, by about $95 a year for full coverage ($1,505 vs. $1,410) for a driver in their 30s with a clean record.

Why does insurance cost differ between the Tesla Model Y and Toyota Highlander?

Mostly because of insurance-loss history: HLDI collision indices of 118 vs. 88 and comprehensive indices of 77 vs. 88 (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