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.”