Sarah Jones
Apr 19, 2022
Tesla Insurance is live in 8 states, now including Oregon, Virginia, and Colorado.
Tesla Insurance is now available in three new states – Oregon, Virginia, and Colorado. With these additions, Tesla Insurance is now live in a total of 8 states.
According to the carmaker, insurance in every state, with the exception of California, incorporates real-time driving behavior.
Last month, we reported that Tesla filed new insurance programs in Oregon and Virginia through its newly-acquired carrier BA Insurance Group.
State National, which supports Tesla’s insurance program in California, recorded ~$112 million in direct premiums written produced by Tesla Insurance Services, according to insurance regulatory filings from last year.
Bottom Line: Prove [him] wrong: Tesla insurance is a slow-burning (like a good tv show) moneymaker that Wall Street is sleeping on.
Link to original article:
https://coverager.com/tesla-insurance-is-available-in-three-new-states/