Tesla expands its insurance offering in the US

Tesla expands its insurance offering in the US

Tesla is expanding its insurance offering in the United States and would like to use driving data on a large scale.

With the rapid development of digital services and ever-simpler data recovery options, many aspects of our daily lives have changed dramatically in recent years. For example, the world of insurance has changed a lot. In particular, car insurance is undergoing a profound change, offering “real-time”offers, so to speak, based on the behavior of the insured while driving. And in the US, Tesla can directly insure its electric vehicle against the brand.

Tesla expands its insurance offering in the US

Tesla auto insurance is now available in three more states across the country. Tesla announced during its latest financial results presentation that its “real-time”insurance is now available in Colorado, Oregon and Virginia, according to Forbes. The automaker has also applied to Nevada and hopes to be able to offer the same service as early as June, though nothing has been announced yet.

and would like to use driving data on a large scale

Like other states, insurance determines your premiums or premiums based on your driving habits, not standard criteria like age or your credit score. Tesla is studying the safety record of its electric vehicles and is looking for signs of aggressive driving that could increase the risk of a crash, such as forward collision warnings, hard braking, or the car ahead getting stuck too much. It encourages good driving and of course gets people to buy Tesla cars.

The company intends to eventually offer its insurance throughout the United States. It is difficult, however, to know whether this will be done easily or not. Tesla is already offering its insurance in California, but it still needs to get permission to use driving data. It may be a long time before this insurance and “real-time”functionality is available throughout Uncle Sam’s country. come.

Leave a Reply

Your email address will not be published. Required fields are marked *