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

Lol at @Tesla insurance being "20-30%" cheaper…it's actually 30-40% MORE expensive than my current provider. pic.twitter.com/zlhXTtocgy

— noah82 (@noah82) August 28, 2019

@elonmusk dude Tesla Insurance quoted me $299. I pay $200 per month with @geico (also too much). 91601 zip and no points or accidents. WTF!?

— 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