The product uses a driving Safety Score to give breaks on premiums to safe Tesla drivers.
and semi trucks, the company is also expanding its insurance product to three new states: Colorado, Oregon and Virginia.
This is the company's second attempt at insuring its own vehicles. It first created InsureMyTesla for customers in Australia and Hong Kong. It was eventually going to bring it to North America in a partnership with multiple third-party insurers before the plan was scrapped. Tesla says that average drivers, based on their Safety Score, should save around 30 percent compared to competitors, and those with the safest scores could save around 45 percent. Tesla assumes a starting score of 90, though a chart shows how rates can change month to month.market offers many competitive products for auto owners. Triple-I advises consumers to shop and compare coverages as well as prices.
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