TREND. Vehicle Manufacturer Sells Insurance

Where: California

Who: Tesla

What is the game plan? This is a step toward self insuring driverless providing coverage for a Tesla fleet of driverless taxis

What’s the hook? Rates could be as much as 30% lower than traditional insurers’ rates

How can the rates be so much lower? Data. Vehicle data + Driver data = lower rates

Chicago Tribune | Tesla just started selling auto insurance

Inc. | Tesla Just Made a Huge Announcement That May Completely Change the Auto Industry. Here’s Why It’s Brilliant