Tesla offers car insurance based on the quality of your driving

Tesla proposes a new insurance formula based on the quality of user leadership. The offer is available in eight states in North America. Before a launch in Europe?

If Tesla is not a carmaker like the others, it is also not the most classic of car insurers. In fact, in the United States, the brand has been proposing for several years insurance for drivers of Model 3, Model S and other Model Y vehicles, depending on the classic formulas related to mileage and profile of the owner. But it is set to evolve today, towards a model focused on the quality of driving of drivers. Indeed, new Electrek colleagues reveal that a new insurance offer has been launched in eight states (Arizona, Colorado, Illinois, Nevada, Ohio, Oregon, Texas and Virginia). It relies on Tesla sensors to note the owner’s conduct … and determine the contribution rate.

Comment Does Tesla evaluate the behavior of its drivers? This is a topic on which the manufacturer does not dwell, even if he gives some indications. In fact, among the criteria taken into account are the braking force, the speed in the curves or the number of safety alerts and anti-collision alerts generated by the OS. Chaque Tesla was measured to determine a score out of 100, which could have been accessed in real time. In contrast, Tesla does not indicate whether performance under Autopilot, and the user’s propensity to engage in “autonomous” driving are taken into account in calculating the rating.

Good plans for good drivers

According to the manufacturer, which considers its vehicles safer than those of the competition, even an “average” driver could earn between 20% and 40% on the amount of his premium. As for the most safety-conscious drivers, they could be rewarded with a discount of up to 60% of the initial insurance price. Furthermore, Tesla states that the amount of the premium is likely to vary each month depending on the management score of the companies. Finally, according to Electrek, Tesla intends to roll out its “real-time” insurance formula to other markets, including Europe.

In France, insurance based on quality of management is no longer new. Some insurers are already proposing similar formulas for those drivers who engage in the installation of a vehicle sound system. This is most often related to the diagnostic socket and only partially affects the information related to driving. In this sense, Tesla’s approach, while much more intrusive, is also more precise.



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