Tesla is expanding its insurance program to the US and Canada

Fred Lambert, Electrek.co

October 13, 2017

Last year, we published an exclusive report revealing that Tesla was working on a new car insurance program, which it started offering to its customers in Australia and Hong Kong. Tesla executives have since been talking about working more closely with insurance companies as self-driving technology improves.

Now we learn that Tesla is preparing to launch the same program in North America.

It’s called InsureMyTesla and it features custom insurance plans for the automaker’s electric vehicles underwritten by insurers partnering with Tesla.

In Hong Kong, Tesla is partnering with AXA General Insurance and in Australia, the automaker released its new plan with QBE Insurance.

Now Electrek has learned from sources that Tesla partnered with Liberty Mutual Insurance Company and Aviva to offer the service in the US and Canada respectively. They are getting ready to launch the programs and start marketing them to customers.

Tesla says that InsureMyTesla is ‘designed for Tesla cars’. When talking about the program in Asia earlier this year, Jon McNeill, President of Sales and Services, said that they work with insurers to develop insurance products based on “Autopilot safety features and the maintenance costs of the cars.”

Continue Electrek.co article here.