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I think the more likely reason rates are lower for Teslas is that they log everything happening and send it remotely to Tesla. If someone gets in a wreck and is

I think the more likely reason rates are lower for Teslas is that they log everything happening and send it remotely to Tesla. If someone gets in a wreck and is at fault it's going to be a lot easier for the insurance to see this and deny non-comprehensive coverage.

username223 9y ago
Interesting question: can Tesla do this because their cars are safer, or because they already include the surveillance tech for which insurers offer discounts? https://www.nytimes.com/2014/08/16/your-money/auto-insurance/tracking-gadgets-could-lower-your-car-insurance-at-the-price-of-some-privacy.html https://www.nytimes.com/2014/08/16/your-money/auto-insurance...
matt_wulfeck 9y ago
I don’t think that what you’re describing is a significant cost to insurers. Many (most) accidents are shared responsibility. And if you get full coverage (assuming people with Tesla’s generally get full coverage) insurance covers it regardless of whether or not it’s your fault. The article says that autopilot reduced accidents by 40%, and Elon Musk seems to be frustrated that they’re not taking this into account when determining risk.
- agumonkey 9y ago
  I'm really curious about this, I'm sure the expert review process is extremely inefficient. People will lie and make everything slow. Having loads of data right away is godsend. Also having alert faster may also help (say fire).
- djrogers 9y ago
  Perhaps this varies by country, but in the US I’ve never been involved in an accident where either insurance company looked at it as a ‘shared responsibility’. In fact, in each case a significant amount of effort was expended to prove fault and determine which insurance company was going to pay.
  - jayd16 9y ago
    It also varies state to state.