Tesla Offering Car Insurance??

[PRSIST]

Has anybody heard anything further about whether or not Tesla is going to offer car insurance to Tesla owners?? It certainly has not been printed on the Model 3 release and I haven't found it anywhere on their website.

Electrek wrote an article about some time ago, but the topic has fallen off the radar.

Would it be something you would like for your Model 3?

 

[insaneoctane]

Of course if the price is right. It would have to overcome multi policy discounts for many potential buyers. I'd like to think repairs would be funded properly though! I think with so much aluminum that matters.

 

[Robert831]

Hopefully they would offer a significant discount for people who buy fully autonomous mode. The feature could pay for itself over time.

 

[trm2]

Tesla is working with at least one company on this.

 

[PRSIST]

Tesla is working with at least one company on this.

Do you know which one? It would seem like a pretty simple thing to roll out.

Seems like people would like to have Tesla's car insurance.

 

[trm2]

Do you know which one? It would seem like a pretty simple thing to roll out.

Seems like people would like to have Tesla's car insurance.

It isn't quite as easy as it may seem, especially with Tesla. There just aren't that many Tesla out there. There is decades of data on other manufacturers. Insurance is all data. I'm in the industry, so I do know who, but the relationship or relationships is/are not public, so I can't disclose.

 

[jsanford]

Since vehicle insurance is state regulated, I wouldn't see them offering it everywhere.
Truthfully, I'd probably pass since multi-policy discounts, loyalty credits, etc. reduce our rates.

GAP (guaranteed asset protection) insurance would be a nice add-on with Tesla financing.

 

[PRSIST]

It isn't quite as easy as it may seem, especially with Tesla. There just aren't that many Tesla out there. There is decades of data on other manufacturers. Insurance is all data. I'm in the industry, so I do know who, but the relationship or relationships is/are not public, so I can't disclose.

Understood. Thanks

 

[MS_Dream]

Insurance is being offered by Alliant, not Tesla. It's underwritten by Liberty Mutual.

 

[JonathanD]

This gets complicated with multi-vehicles, multi-policies, etc., unfortunately.

 

[JBare]

It isn't quite as easy as it may seem, especially with Tesla. There just aren't that many Tesla out there. There is decades of data on other manufacturers. Insurance is all data. I'm in the industry, so I do know who, but the relationship or relationships is/are not public, so I can't disclose.

As an insider what are your thoughts on The Lemonade insurance plan. They're just getting started but seems like a new idea

 

[ratsbew]

Of course..."for the right price" is the cheapest that I can get a quote for.