Is Tesla entering the auto insurance market for self-driving cars?

Is Tesla entering the auto insurance market for self-driving cars?

Is Tesla entering the auto insurance market for self-driving cars? Tesla could soon be offering insurance on its own driverless cars, confident in the safety and reliability of its automobiles.

Autoblog.com reported that the automaker is purportedly working with AXA General Insurance in Hong Kong, and with QBE Insurance in Australia to create policies for Tesla cars. Allegedly, the Australian policies start at about AUD $1,200 per year, with some plans featuring full-vehicle replacement for Teslas that are less than three years old.

It has been suggested that the policies will also cover for the Wall Connector devices used to charge the cars.

Further investigation by Autoblog.com led to a PDF on the yet-to-be-published Australian InsureMyTesla webpage that revealed several more details on the upcoming insurance product, such as a maximum of $2,500 per policy period for lost keys and broken locks.

When asked about its new insurance program, Tesla did not immediately offer any comments.


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1 Comments
  • Thoughtful 9/1/2016 12:02:54 PM
    So they are talking about replacement of the vehicles. I think the big expense is going to be the liability. That will be a challenge to price and then to sell.
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