I kind of just fell into this as I noticed an "Insurance" option after logging into my Tesla account today, but lo and behold when clicking to manage my M3 there it was. I always assumed Tesla Insurance was only available to CA residents, but after some quick research realize its now offered to TX residents with a new feature: Real-time Driving Behavior
An Electrek article providing more detail:
I opened a new policy today switching from Geico because it's about $250 cheaper over a 6-month period ($730 vs $485), however, based on the way this works my monthly payment will either go up or down based on my Safety Score accessible via my Tesla app. Because of this there's no option to purchase the policy in full like I usually do. I rarely drive since I work from home, so hoping that contributes to a lower premium as well.
Interested to know everyone else's experience with this product, how quickly your Safety Score changes, and how your premiums are affected by the changes. I know this just launched, so as I drive more I'll post my own experiences.
An Electrek article providing more detail:
Tesla officially launches its insurance using 'real-time driving behavior,' starting in Texas
Tesla has now officially launched its insurance product using “real-time driving behavior.” The product is only available in Texas for...
electrek.co
I opened a new policy today switching from Geico because it's about $250 cheaper over a 6-month period ($730 vs $485), however, based on the way this works my monthly payment will either go up or down based on my Safety Score accessible via my Tesla app. Because of this there's no option to purchase the policy in full like I usually do. I rarely drive since I work from home, so hoping that contributes to a lower premium as well.
Interested to know everyone else's experience with this product, how quickly your Safety Score changes, and how your premiums are affected by the changes. I know this just launched, so as I drive more I'll post my own experiences.