More on Tesla’s insurance foray
A bit more on Tesla's insurance foray. A few quotes worth noting:
>International expansion on the cards: "Tesla expects to be the largest insurer of Teslas in the state of Texas by the end of the year. In addition to expanding its “real-time insurance” offering into Virginia, Colorado and Oregon this week, Tesla Insurance is working toward a goal of giving 80 percent of U.S. customers access to a Tesla Insurance product by the end of 2022, ....we’ll pivot our attention to expansion outside of the U.S.,”
> Its more than just insurance: “This has become a real passion program for us… It’s bigger than just the economics. We’re trying to do a good thing here for our customers, save people money and make the roads a little bit safer....Having real-time feedback for driving habits is actually resulting in Tesla owners driving the cars in a safer way,”
> A quick and easy claims process: "Basically, the customer experience is just vastly better because if there’s an accident, there’s no argument. We’ll repair it immediately. And this is as compared to arguing with an insurance company and then a claims adjuster and then a collision repair center."