What insurance group is a Tesla Model Y?

All you need to know about insuring a Tesla Model Y

Thinking about leasing a Tesla Model Y? Understanding insurance costs is essential before you commit.

The Tesla Model Y has quickly become one of the UK's most popular electric SUVs, combining impressive range, cutting-edge technology, and practical family-friendly space. But before you sign on the dotted line, it's crucial to understand what you'll pay to insure it.

Insurance costs for electric vehicles can differ significantly from traditional petrol or diesel cars, and the Model Y is no exception. 

From insurance group ratings to repair costs and safety features, several factors influence your premium.

This guide breaks down everything you need to know about insuring the Tesla Model Y, including which insurance group it falls into, what affects your costs, and practical ways to reduce your premiums without compromising on coverage.

What insurance group is the Tesla Model Y in?

Insurance groups range from one to 50. The lower the number, the cheaper the insurance will be.

Classing vehicles in groups helps insurers assess the risk and determine premiums based on factors like repair costs, performance, security features, and vehicle value.

Insurance groups for the Tesla Model Y are on the higher end of the insurance groups, as it's more of a premium car.

Looking at all five variants and trims:

• Standard Range RWD – group 37
• Long Range RWD – group 39 to 45
• Rear-Wheel Drive – group 46
• Long Range AWD – group 42 to 48
• Performance AWD – group 47 to 50

Tesla Model Y Standard Range Rear-Wheel Drive

The cheapest model to insure is also the cheapest to lease – the Standard Range Rear-Wheel Drive variant.

This model now sits in insurance group 37, having previously been in group 46. That's a massive nine-group drop, which should translate to noticeably cheaper premiums.

Despite the lower insurance group, performance or range hasn't suffered. The Standard Range RWD Model Y is still capable of accelerating from 0-60 mph in 5.6 seconds with a range of 311 miles (WLTP Comb).

Tesla Model Y Long Range Rear-Wheel Drive

The Long Range RWD has seen an impressive drop from insurance group 45 to group 39.

This variant offers extended range of 387 miles (WLTP Comb) and 0-60mph in 5.4 seconds without the premium insurance costs, making it an attractive middle-ground option.

Tesla Model Y Long Range All-Wheel Drive

The Long Range AWD has dropped from insurance group 48 to group 42.

What's particularly exciting is that this model is actually quicker than before, covering 0-60 mph in just 4.6 seconds – proving you don't have to sacrifice performance for lower insurance costs. Alongside a respectable range of 372 miles (WLTP Comb).

Tesla Model Y Performance

The Performance edition has stayed in fairly high insurance groups depending on the specification, sitting in groups 47 to 50. 

But with a range of 360 miles (WLTP Comb) and stats like 0-60 mph in 3.3 seconds, you can see why.

How much is Tesla Model Y insurance in the UK?

Pinning down exact insurance costs is tricky - everyone's different. But as a rough guide, cars in insurance groups 37 to 50 typically cost anywhere from just under £900 to £1,563 a year.

This should give you a rough guide of what to expect when you come to insure your Tesla Model Y.

However, your individual premium will vary significantly based on several factors:

• Driver age and experience: Younger or newly qualified drivers typically pay more. Experienced drivers with clean records benefit from lower premiums.
• Location: Your postcode affects costs. Urban areas with higher theft or accident rates generally mean higher premiums.
• Annual mileage: The more you drive, the higher your risk of claims. Lower mileage can reduce costs.
• No claims bonus: Building up years without claims earns substantial discounts, sometimes up to 75%.
• Security features: The Model Y's advanced security systems help, but adding approved tracking devices may reduce premiums further.

Why did Tesla Model Y insurance become cheaper in 2025?

After the Tesla Model Y was reassessed in 2025, it dropped by up to nine insurance groups. 

This will result in cheaper premiums for the majority of motorists looking to insure a Model Y, making a Tesla Model Y lease even more tempting.

Let’s take a look at what’s driving this generous insurance drop.

Easier and cheaper repairs

A big factor that decides an insurance group is ease of repairs. The more complex and costly a repair, the more likely it is to attract a higher insurance group.

Following the Model Y's facelift in early 2025, we’ve seen a change to its design and construction which has resulted in a more seamless repair process.

The Model Y's boot, for example, is now divided into two parts – an upper and a lower section – which means the panels are easier to replace. 

If you suffer a small ding or bump, you don't need to repair the entire thing anymore.

Enhanced safety features

Safety is another big factor when it comes to insurance grouping, and the Tesla Model Y is one of the safest cars in its class.

All models come fitted as standard with driver assistance tech such as Autosteer, traffic-aware cruise control, blind spot collision warning, automatic emergency braking, and a front-facing camera.

Vehicle value

The vehicle value still plays a role, with prices ranging from around £44,990 for the Standard Range RWD to over £60,000 for the Performance editions. 

However, the improved repairability has more than offset these higher values in the insurance calculations.

Ways to reduce your Tesla Model Y insurance costs

While the Model Y's new lower insurance groups are brilliant news, there are several additional strategies to keep costs manageable:

• Shop around and compare quotes – Prices vary significantly between insurers. Get multiple quotes and make sure you don’t automatically renew without checking your premium is still the best deal out there.
   
• Increase voluntary excess – Agreeing to pay out more toward any claim reduces your premium. But ensure you can afford this excess if the worst happens.
   
• Pay annually – Monthly payments over the year are less painful than paying out a lump sum all at once, but these monthly payments often come with interest. Paying upfront for the year saves money. So consider what works best for you.
   
• Improve your credit score – Lots of insurers consider your credit score within their calculations. A better credit score can result in lower premiums.
   
• Add experienced drivers – Adding a named driver with a clean record and more experience can sometimes reduce costs, particularly for young or new policyholders.
   
• Consider a black box – Black boxes monitor your driving and can offer significant savings for safe drivers, particularly younger motorists.
   
• Build up your no claims bonus – Protect your no claims discount as much as possible, and watch your premiums drop year after year.
   
• Choose the right trim level – The Standard Range RWD model sits in group 37 compared to group 42 for the Long Range AWD. Consider whether you need the higher specification.

The verdict

Tesla continues to produce incredibly safe cars - Euro NCAP awarded the Model Y a five-star safety rating with an impressive 97% score for adult occupant protection.

When you factor in lower running costs and the exceptional driving experience, the insurance premium becomes just one part of a compelling package.

The 2025 model's improved repairability means you're not just getting cheaper insurance now - you're benefiting from a fundamentally better-designed vehicle that's easier and more cost-effective to maintain throughout your lease.