Tesla Cybertruck Insurance Costs: What Owners Are Paying
AI-summarised brief · reviewed before publication
The Tesla Cybertruck has been a topic of discussion in the car community due to its unique design, recalls, and CEO Elon Musk's political endeavors. Despite not meeting some people's expectations, the Cybertruck has gained a loyal following. However, rumors of car insurance brands dropping Cybertruck owners and increasing rates due to safety and vandalism concerns have sparked concern among electric vehicle enthusiasts about the cost of owning the vehicle. According to Cybertruck owners on Reddit, the insurance costs are actually quite manageable, even compared to other Tesla models. As concerns have grown, Cybertruck owners have started sharing their insurance rates online. The general consensus among Cybertruck owners is that the insurance costs around $150 to $200 per month over the last two years. For instance, in 2023, an owner from Las Vegas, Nevada, reported that the all-wheel-drive model was costing them $120 per month with Mercury Insurance, only a few dollars more than their Jeep Cherokee. That same year, an owner in New York claimed that Geico quoted them at $1,200 for six months, or $200 a month. In early 2025, a Cybertruck driver with Costco insurance shared that they were looking at $1,435 every six months, or $239 per month. Around the same time, a Texan reported paying $220 a month for full coverage. As expected, there are several variables that affect the cost of insuring a vehicle, including the Cybertruck. Insurance rates vary between companies, and each agency considers a range of factors to provide a personalized quote. These factors include the driver's age and gender, with older drivers and women tend to get lower rates due to fewer accidents. Location is also a significant factor, as areas with higher rates of theft and accidents result in higher insurance costs. For example, parking a car on the street instead of in a private garage can increase the risk of theft and accidents.
