Musk working to fix UK insurance

[CMc1]

Not sure if this means Tesla Insurance or just looking to see how they can reassure insurers.

He went out of his way to reply to a message from back in April.

Elon Musk on Twitter

 

[Roy W.]

So 6-12 months Elon Time = about 2022.

 

[michnay]

6-12 months, time's up. Has anyone heard any news about this? DirectLine's quote is the only one that can be considered acceptable but still quite high.

 

[MrBadger]

[UK] Tesla Motor Insurance Jobs listed

 

[ChickenDipper]

Thats reassuring and great news, cheapest quote I can find is around £950 with Direct Line, quote prices seem random too, many brokers I rang just didn't want to know, yet some lucky individuals seem to get more reasonable £500 or less quotes.

NB Im 35, 11 years NCB discount, no accidents or endorsements.

 

[CaptainBurrito]

Thats reassuring and great news, cheapest quote I can find is around £950 with Direct Line, quote prices seem random too, many brokers I rang just didn't want to know, yet some lucky individuals seem to get more reasonable £500 or less quotes.

NB Im 35, 11 years NCB discount, no accidents or endorsements.

Which car was that for, out of interest?

 

[TomD]

I think we are all over hoping that Tesla is going to come in and insurance premiums are going to half overnight. I just can't see it happening.

It would be much easier for Tesla to work with existing insurance companies and provide the data they want/need to be able to quote. Quotes are high because there is no competition. And there's no competition because most insurance companies don't have enough data to quote.

 

[MrBadger]

iirc that Tesla's own insurance works by monitoring style it gets direct from the car so its not going to appeal to everyone

 

[Jason71]

I think we are all over hoping that Tesla is going to come in and insurance premiums are going to half overnight. I just can't see it happening.

It would be much easier for Tesla to work with existing insurance companies and provide the data they want/need to be able to quote. Quotes are high because there is no competition. And there's no competition because most insurance companies don't have enough data to quote.

that or lower the cost of replacement parts!