Tesla Insurance has launched in Nevada, with the service reaching its ninth state in the U.S. (via @SawyerMerritt).
“Many providers base your premium on information that has little to do with your driving. We base your premium on how you drive. We use existing technology in our vehicles to track your real-time driving behavior, no additional hardware required,” explains Tesla’s website regarding its insurance product.
The real-time insurance offering for Model S/X and Model 3/Y is now available in Arizona, California, Colorado, Illinois, Nevada, Ohio, Oregon, Texas and Virginia. Real-time driving behaviour is not available in California.
“Your premium is determined based on what vehicle you drive, your provided address, how much you drive, what coverage you select and the vehicle’s monthly Safety Score. An average driver could save between 20% to 40% and the safest drivers could save between 30% to 60%,” explains Tesla.
Tesla says you can get started with its insurance offering “in as little as one minute” by signing into the Tesla mobile app. It’s also possible to insure a non-Tesla vehicle, by adding it when you purchase a policy.
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