Introducing Tesla Insurance
Tesla announced the launch of Tesla Insurance, “a competitively priced insurance offering designed to provide Tesla owners with up to 20% lower rates, and in some cases as much as 30%.”
Coverage is currently available in California to all Model S, Model X, Model 3 and Roadster owners, and it will expand to additional U.S. states in the future.
“Because Tesla knows its vehicles best, Tesla Insurance is able to leverage the advanced technology, safety, and serviceability of our cars to provide insurance at a lower cost. This pricing reflects the benefits of Tesla’s active safety and advanced driver assistance features that come standard on all new Tesla vehicles.”
Our quote was double the price we currently pay USAA. #nothanks
— Thomas Henthorne (@topagentmarin) August 28, 2019
Wow, that was so easy! Just signed up for Tesla insurance on my phone in 5 minutes and saved 40%. Paid with Apple Pay.
Tesla has taken every aspect of owning a car and made it suck less with great software and designed pic.twitter.com/KV8tjJYJ4J
— Steve Jobs Ghost 👻 (@tesla_truth) August 28, 2019
— noah82 (@noah82) August 28, 2019
— Johnny O ™ (@JohnnyO2000) August 28, 2019
Explain why Tesla insurance is offering me $256 a month for my Model 3 but Mercury Insurance is $250 for BOTH my Model 3 and Camry @elonmusk 🧐
— Henry Garza (@hmg210) August 28, 2019
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As a college student, Elon Reeve Musk pledged that he would make an impact on the Internet, on the environment, and in space. As a grown-up billionaire and the inspiration for Iron Man hero Tony Stark, he is now promising to build a major, revolutionary insurance company. And just as 'car people' were skeptical then, insurance people are skeptical now.