Imagine this: you’re driving your car after a hard day at work. You’re tired, you’re easily distracted, and then your significant other calls to let you know that there’s one more chore to do in town before you go home. As you reach for the touchscreen to hang up the … [continued]
The cost of car insurance in America jumped about 20 percent last year, partly as a result of the knock on effects of the pandemic.
A new study from MarketWatch suggests that Tesla’s pioneering use of advanced telematics in assigning insurance risk may disrupt the insurance industry as much as the company has already disrupted global automotive markets. While many traditional insurance companies are raising rates for Tesla car owners or refusing to cover Tesla … [continued]
Since Tesla launched its own insurance service in California nearly two years ago, the automaker has expanded the program across several U.S. states. Tesla recently expanded the insurance plan to its 12th U.S. state, and it says it eventually plans to expand to all 50 states. Tesla’s insurance plans recently … [continued]
Tesla Insurance has been expanded to Arizona and Ohio. This is something that Sawyer Merritt, who was recently interviewed by Dave Lee, predicted. In December 2021, Sawyer Merritt, who is well known in the Tesla Twitter community for sharing breaking Tesla-related news, shared that he was told by a source … [continued]
In Part 1, I explored the problem of high insurance rates for EVs, and the problems that can come with giving insurance companies even more data. Long story short, there are life-and-death level privacy risks that come from having your personal data out there, the data isn’t as good as … [continued]
It’s becoming more and more common to hear that some EV manufacturer or other is going to offer their own insurance. It will, of course, be underwritten by a company that specializes in insurance, but by going through a manufacturer like Rivian or Tesla, you can save money. Why? Because … [continued]
Tesla has officially launched its insurance platform in Texas and has a neat way of determining how Tesla owners receive their rates. The insurance rates are determined based upon Tesla’s evaluation of drivers’ real-time driving behavior on the road. Taking center stage is Tesla’s Safety Score system. When Texan Tesla … [continued]
A Tesla Model 3 owner just received a renewal notice for her Tesla insurance with some pretty good news: Tesla is lowering her premium.
Electrade, a website that helps Tesla owners and other EV owners regarding insurance, put together a review of Tesla’s in-house insurance and compared it to three competitors. In the review of Tesla Insurance, the company quickly highlights the pros and cons of Tesla Insurance. Among other things, Electrade found out that the Tesla Model 3 costs less to insure than a BMW i3.
