TESLA’S INSURANCE OFFERING TO USE AUTOPILOT DATA

Tesla is venturing into the Insurance Space, claiming it can offer lower premiums because its Autopilot driver-assist system will decrease claims frequency. Tesla can offer loser rates because Autopilot will enable it determine how safe drivers are based on how often they use AutoPilot and could adjust claims more easily than others.

Tesla has been partnering Liberty Mutual since 2017 on a programme called InsureMyTesla although is unclear whether the new insurance product would be connected.

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