Tesla continues to expand its in-house insurance program, launching Tesla Insurance in Nevada today.
With today’s new addition, owners in eight different states can now purchase insurance for their Tesla and other vehicles directly from the automaker, according to an update to the Tesla Insurance website this afternoon.
- Arizona
- Colorado
- Illinois
- Nevada
- Ohio
- Oregon
- Texas
- Virginia
Like all other states except California, Nevada’s Tesla Insurance premiums will be based on real-time driving behaviour, which is monitored through the Safety Score tool available on the mobile app.
Five metrics are tracked in determining your Safety Score, including Forward Collision Warnings, Hard Braking, Aggressive Turning, Unsafe Following, and Forced Autopilot Disengagements.
Not only can drivers monitor their real-time score on the app, they can also manage their policy, see their insurance card and even file a claim or request roadside assistance.
During the Q4 2021 Tesla earnings call, CFO Zachary Kirkhorn said the company is aiming to have Tesla Insurance in enough markets so that by the end of the year, 80% of owners in the US will be able to purchase the product.
The most recent states to be added before today were Oregon, Virginia, and Colorado, which received Tesla Insurance in April.
As we told you earlier this week, recent filings show Maryland should also get Tesla Insurance any day now, and Florida is also expected to get Tesla Insurance by October.
