Tesla (TSLA) is about to launch its in-house insurance program in more states
Tesla is about to launch its own in-house insurance program in more states after running it in California for the last year.
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Tesla reduces insurance rate amid pandemic — but there’s a catch
Tesla is telling its insurance clients that it is reducing rates for March and April amid the pandemic, but there’s a catch. Expand
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Tesla will launch ride-sharing app with its own driver insurance
Tesla plans to launch its own ride-sharing app before achieving full autonomy, and the drivers will be covered under the automaker’s own driver insurance. Expand
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Tesla’s insurance program will use direct driver data where it can with permission, exec says
Tesla is only dipping its toes into the market with its new insurance program launched last month.
The head of Tesla’s insurance program said that the automaker plans to use direct driver data where it can with permission from the owners as it expands the program. Expand
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Tesla launches its own insurance program, claims up to 30% cheaper
Tesla is launching its own insurance program today, starting with owners in California. The automaker claims that its rates are “up to 30% cheaper” than the competition, and they plan to expand to other markets. Expand
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Details of Tesla’s new Insurance program start to leak
Tesla is about to launch a new insurance program in order to reduce costs for its owners and some details are starting to leak through a new partner behind the program. Expand
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Tesla is going to launch a new insurance program next month, says Elon Musk
Tesla is going to launch a new insurance program set to launch next month, according to Elon Musk. The program comes as many Tesla buyers are complaining about the price of insurance for Tesla’s vehicles. Expand
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Tesla owners might have to pay higher insurance rates based on weird data
In the past, Tesla owners have reported higher insurance costs due to insurers having the wrong trim level in their policies.
A similar issue is now arising as insurers are bundling up insurance data for all Tesla Model S vehicles into one category and comparing it to vehicles in other categories. Expand
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Tesla Autopilot: Insurer claims to take Autosteer usage into account to reduce your bill
A startup insurance company called ‘Root’ is using a mobile app to track its customers’ driving habits in order to offer discounts based on performance.
They took noticed of Tesla’s crash rate being reduced by 40% after the introduction of Autopilot based on data reviewed by NHTSA and they now want to offer discounts to Tesla drivers. Expand
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Tesla expands on its new car insurance program as self-driving technology improves
In an exclusive report published last summer, we revealed that Tesla started offering custom car insurance to its customers in Australia and Hong Kong. At the time, the company didn’t want to comment on the new venture, but that changed yesterday during the earnings conference call.
CEO Elon Musk and President Jon McNeill confirmed that they plan to expand the program and have it match the progress of the Autopilot, which should reduce insurance rates to match its lower accident rate. Expand
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PSA: Tesla owners report higher insurance costs due to having the wrong trim level listed
Some Tesla owners are reporting that insurance companies are not listing the proper trim level of their Model S, which can result in a higher premium depending on the situation. The issue was first brought up yesterday by Youtuber KmanAuto, but other Tesla owners have since reported similar problems. Expand
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