Best Tesla Cybertruck Insurance in 2025 (Top 10 Companies Ranked)

The best Tesla Cybertruck insurance is from Safeco, State Farm, and Erie, with monthly rates as low as $100. Safeco stands out with its unique exoskeleton coverage.

Our Top 10 Company Picks: Best Tesla Cybertruck Insurance

State Farm offers access to its Tesla-approved repair shops, and Erie offers one of the highest discounts for electric vehicles (EVs).

Find the best car insurance companies for Tesla, from a minimum of $100 a month for bare-bones coverage with USAA to $340 per month for maximum protection with Farmers.

Cybertruck owners also have special insurance considerations because of the car’s novel stainless steel design and all-electric features. Enter your ZIP code to see if you’re getting the best deal on Tesla insurance.

#1 – Safeco: Top Overall Pick

Pros

• Specialized Coverage: Policies address Cybertruck’s distinctive exoskeleton and electrical components better than most competitors.
• Reliable Claims Processing: Consistent, reliable claims handling designed specifically for Tesla Cybertruck’s unique requirements.
• Savings With Discounts: A 12% EV discount and a 15% bundling discount significantly reduce monthly costs. Learn more in our Safeco insurance review.

Cons

• Limited Experience: Data for Tesla Cybertruck is lacking compared to traditional vehicle coverage.
• Higher Initial Premiums: Insurance costs more initially due to the vehicle’s specialized construction.

#2 – State Farm: Best for Certified Repairs

Pros

• Tesla-Certified Repair Network: Extensive certified repair facilities for specialized Cybertruck maintenance.
• Competitive Monthly Rates: Surprisingly affordable Cybertruck insurance rates compared to the competition. Compare quotes in our State Farm car insurance review.
• Financial Strength: A++ rating provides security for expensive Tesla Cybertruck insurance claims.

Cons

• Traditional Coverage: Policies lack innovative features that newer tech-focused insurers offer.
• Slower Safety Discounts: Implementation of Cybertruck-specific safety feature discounts lags behind competitors.

#3 – Erie: Best for Personalized Policies

Pros

• Custom Policy Design: As mentioned in our Erie car insurance review, it creates customized Cybertruck insurance based on individual driving habits.
• Top Bundling Discount: Industry-leading 25% discount reduces overall Tesla insurance costs.
• No Premium Hikes: Cybertruck drivers can sign up for Erie Rate-Lock, which prevents rates from increasing until they add a new driver or vehicle to their policy.

Cons

• Limited Availability: Tesla Cybertruck insurance with Erie is only available in 11 states.
• Basic Digital Tools: Mobile technology for managing Cybertruck policies lags behind tech-savvy competitors.

#4 – Progressive: Best for Usage-Based Discounts

Pros

• Usage-Based Savings: The Progressive Snapshot program offers substantial insurance discounts for Tesla Cybertrucks based on actual driving habits.
• EV-Specific Protection: Progressive Vehicle Protection covers cosmetic damages and major system breakdowns in new Cybertrucks (Read More: Progressive Car Insurance Review & Ratings).
• Pet Coverage: Automatically adds up to $1,000 in coverage for pets injured in an accident if you have collision insurance on your Cybertruck policy.

Cons

• Higher Base Rates: Initial Tesla Cybertruck insurance quotes appear less competitive before discounts.
• Complex Policies: Getting cheap Tesla insurance involves overlapping discount programs that can confuse customers.

#5 – Allstate: Best for Comprehensive Coverage

Pros

• Complete Protection: Covers exotic Cybertruck materials and components that other insurers exclude.
• Loyalty Benefits: Long-term customers receive increasing discounts on Tesla Cybertruck insurance rates.
• Digital Claims Process: Online system allows owners to settle minor claims entirely via smartphone. Learn about its app in our Allstate insurance review.

Cons

• Premium Pricing: Allstate’s rates are higher than other Tesla Cybertruck insurance companies.
• Strict Qualifications: Best rates require excellent credit and driving history.

#6 – USAA: Best for Military Members

Pros

• Military Discounts: Specialized savings make Tesla Cybertruck insurance significantly more affordable for service members.
• Specialized Support: Dedicated team with Cybertruck knowledge offers superior insurance assistance. Learn more about its support team in our USAA car insurance review.
• Deployment Coverage: Unique insurance provisions make it the best Tesla Cybertruck insurance company for active military members and their families.

Cons

• Exclusive Eligibility: USAA Cybertruck insurance is only available to military members and families.
• Limited In-Person Options: Fewer local offices for discussing complex Tesla Cybertruck insurance claims.

#7 – Liberty Mutual: Best for New Cybertrucks

Pros

• New Cybertruck Focus: Specific provisions addressing brand-new Tesla Cybertrucks. Learn about its offerings in our Liberty Mutual review.
• Substantial Bundling Savings: Its 16% EV and 25% multi-policy discounts significantly reduce total Tesla Cybertruck insurance costs.
• Decreasing Deductible: Reduces Cybertruck insurance deductible each claim-free year, potentially eliminating it.

Cons

• Higher Standard Rates: Tesla Cybertruck insurance premiums start higher before applying potential discounts.
• Complex Claims Process: Claims require more documentation, making it slower to pay claims than other Tesla Cybertruck insurance companies.

#8 – Nationwide: Best for Deductible Benefits

Pros

• Vanishing Deductible: Reduces Cybertruck insurance deductible by $100 annually for claim-free drivers, potentially saving thousands.
• Agent Assistance: Strong local presence provides face-to-face customer service to make it one of the best Tesla Cybertruck insurance companies for claims and inquiries.
• Driving Habit Discounts: Nationwide car insurance discounts feature the SmartRide usage-based program, which rewards safe Cybertruck drivers.

Cons

• Less Competitive Starting Rates: Cybertruck insurance costs are higher initially before discounts.
• Conventional Policies: Coverage hasn’t fully evolved to address Cybertruck’s innovative technological features.

#9 – Travelers: Best for Accident Forgiveness

Pros

• First-Accident Protection: No rate increase after your first qualifying accident. Learn more in our Travelers insurance review.
• Full Replacement Coverage: Offers a new Cybertruck replacement rather than paying the depreciated value.
• EV Roadside Assistance: Provides specialized services addressing unique emergency needs for electric vehicles.

Cons

• Complex Discount System: Cybertruk insurance discounts require more documentation than competitors.
• Significant Rate Increases: Tends to raise Tesla Cybertruck insurance rates more after claims than stable insurers.

#10 – Farmers: Best for Insurance Discounts

Pros

• Customizable Discounts: Flexible bundles allow owners to stack Tesla Cybertruck insurance discounts for maximum savings. Get a full list in our Farmers Insurance review.
• Enhanced Glass Coverage: Better protection for Cybertruck’s armored glass that other insurers might exclude.
• Customer Satisfaction: Farmers is the best Tesla Cybertruck insurance company when it comes to customer service and filing insurance claims.

Cons

• Inconsistent Pricing: Tesla Cybertruck insurance rates fluctuate more between renewals than other companies.
• Limited Tesla Network: Fewer certified repair facilities potentially complicate Cybertruck repairs after a claim.

Tesla Cybertruck Insurance Costs

The Cybertruck insurance cost per month is more expensive than average, ranging from $100 to $160 for minimum coverage and $250 to $340 for full coverage. Rates are high because, while its stainless steel exoskeleton potentially reduces certain damage risks, replacement parts and specialized repairs can increase overall claims costs.

Tesla Cybertruck Insurance Monthly Rates by Coverage Level

When you look at these rates, remember that the lowest price for Tesla Cybertruck insurance isn’t always the best choice.

Seek out insurers who offer coverage for electric vehicles, have repair networks certified by Tesla, and provide green vehicle car insurance discounts.

Tesla Cybertruck Insurance Coverage Options

Tesla Cybertruck owners have special insurance requirements. The stainless steel build of the vehicle, its technological sophistication, and expensive replacement parts make it stand out from the crowd of other vehicles driving on the highway.

When looking for insurance for your Cybertruck, it’s important to know what car insurance covers, as there are several essential coverage types to keep in mind :

• Liability Coverage: Most states require liability protection if you cause an accident that injures someone or damages property.
• Collision Coverage: This will cover repairs to your Cybertruck’s stainless steel exoskeleton and components after an accident, regardless of who’s at fault.
• Comprehensive Coverage: guards against non-collision incidents like theft, vandalism, weather damage, and occasional animal strikes that could damage your Cybertruck.
• Specialized Electronic Components Coverage: The advanced battery system, autopilot hardware, and other high-tech components require specialized repairs.
• Gap Insurance: pays the difference between your Cybertruck’s depreciated value and the amount you still owe if it’s totaled or stolen.

Shopping around for the right insurance policy for your Cybertruck is essential. Standard policies might not fully protect your investment in this cutting-edge electric vehicle. Compare quotes from multiple insurers to find the right combination of coverage and price.

How to Save Money on Tesla Cybertruck Insurance

Tesla Cybertruck owners have numerous chances to lower their insurance costs with discount programs offered by the top insurance providers. For instance, a good student car insurance discount with State Farm can save up to 35% on a Tesla Cybertruck policy (Read More: Tesla Car Insurance Discounts).

Tesla Cybertruck Insurance Discounts From Top Providers

The above table shows the savings potential from the best Tesla Cybertruck insurance companies. Erie and Liberty Mutual have the biggest EV car insurance discounts for Teslas.

As an electric vehicle, the Tesla Cybertruck can make owners eligible for significant tax savings. The federal EV tax credit can offer up to $7,500 in tax savings, although the amount for the Cybertruck will depend on its battery capacity and your tax status.

 

Although the original rates for Cybertruck insurance tend to be greater than those of conventional cars, given specialized parts and repair factors, these discounts offer a significant drop in your net expenses. However, keep in mind that discounts depend on your individual driving record and state laws.

Read More: Cheap Tesla Model Y Car Insurance

Fortunately, most states provide extra incentives of between $1,000 and $5,000 in tax rebates, lower registration fees, or utility discounts. Coupling these tax savings with insurance discounts is the best way to maximize your total savings on owning a Cybertruck.

Choosing the Right Tesla Cybertruck Insurance Company

Safeco, State Farm, and Erie have the best Tesla Cybertruck insurance, with Safeco leading in specialized exoskeleton coverage and reliable claims service.

Let the Safeco Mobile app handle payments, ID card requests and other basic customer needs. Save the phone calls for when they need your expertise.

Learn more: https://t.co/YcJvilN3Gm pic.twitter.com/gFy7sOECRz

— Safeco Insurance (@Safecoinsurance) October 19, 2023

State Farm provides comprehensive coverage for Tesla trucks, and Erie offers an industry-best 25% bundling discount. Erie is also known for its competitive EV insurance discounts and exclusive Rate-Lock feature for cheaper Tesla Cybertruck insurance.

Monthly Tesla Cybertruck insurance premiums differ greatly among providers, so always compare online before you buy. Ready to shop around for the best Cybertruck insurance company today? Enter your ZIP code and see which one offers the coverage you need.