Tesla Insurance launches, sending the electric vehicle maker into a new industry

Tesla Insurance - Tesla Car - Steering wheel

At first launch, the auto coverage will be available only in California and for the company’s customers. The Tesla Insurance coverage for the company’s electric vehicles and that was first announced earlier this year has now launched in California. The idea is to make premiums 20 percent to 30 percent more affordable for drivers of Tesla’s electric cars. Elon Musk first announced his intentions to launch the product back in April 2019. At that time, Elon Musk had assumed that the Tesla Insurance product would launch quite quickly. That said,…

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Tesla lifetime insurance underscores company’s belief in self driving car

tesla lifetime insurance

This could mean that customers buying these vehicles may never need to pay insurance premiums. When customers start shopping for Tesla self-driving cars, they may soon have the option to purchase lifetime insurance. They will also have the opportunity to buy a maintenance package. This could mean that while the vehicles drive themselves, their owners also never need to pay for coverage or repairs. Elon Musk, CEO of Tesla, is so confident in the self driving vehicle safety features that they are being bundled with lifetime insurance and maintenance packages…

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Tesla auto insurance becomes the company’s next venture

Tesla Auto Insurance

The company best known for its electric cars is now stepping into the coverage side of the business. Tesla auto insurance is now underway. The electric car company has now opened the doors to a new revenue stream. This has meant to give consumers more options when trying to find coverage for their electric vehicles. Traditional insurance plans don’t always suit the needs for the complexities of all-electric cars. The InsureMyTesla policy is meant to be a solution to this problem. Tesla auto insurance will be offered exclusively for covering…

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