3 ms·
> Last I checked insurance companies gave a discount for AP Tesla’s over non AP Tesla’s suggesting the opposite. Do you some support backing this up? That's al
by cjhopman 8y ago
> Last I checked insurance companies gave a discount for AP Tesla’s over non AP Tesla’s suggesting the opposite. Do you some support backing this up?
That's all marketing fluff.
The only U.S. insurance company offering such a discount is some random startup insurance company available to only a small percent of the population. The company is about 2 years old, requires significant tracking of your driving behavior, and it's entirely unclear why they are offering the discount.
The only UK insurance company offering such a discount said “it was too early to say whether the use of the autopilot system produced a safety record that justified lower premiums. It said it was charging less to encourage use of the system and aid research.” It made this decision working closely together with Tesla, it wasn't based on any actuarial data.
- Klathmon 8y agoAccording to the article at [1] which another user just showed me, Liberty Mutual is one of the insurance companies, which absolutely doesn't fit your description. Also, from that article, it looks like the NHTSA found that crashes were 40% lower in cars with autopilot. [2] I don't know enough about insurance and how it works to know if that counts at all, but it shows that it's not all marketing fluff. [1] https://www.businessinsider.com/tesla-liberty-mutual-create-customize-insurance-package-2017-10 https://www.businessinsider.com/tesla-liberty-mutual-create-... [2] https://www.businessinsider.com/tesla-autopilot-cuts-crash-rates-by-40-government-finds-2017-1 https://www.businessinsider.com/tesla-autopilot-cuts-crash-r...
- kalleboo 8y agoFWIW, it's not Tesla-specific. Many luxury cars have similar features to Autopilot and get similar discounts for them. "Liberty Mutual Insurance offers discounts for various electronic safety features; such as Adaptive Cruise Control, Adaptive Headlights, Collision Preparation Systems (including automatic braking), Blind Spot Warning, Lane Departure Warning and Rear-View Cameras"
- taneq 8y agoI'd guess that's due more to Teslas being expensive cars that are generally driven by older, more responsible drivers and have a bunch of other safety features (AEB, stability control, etc.) I'd be interested in seeing crash data for Teslas compared with other $50-$130k cars less than 5 years old.
- Retric 8y agoThe discount is for the same Tesla model with or without the self driving add on. It’s unlikely the type of drivers changes much.
- Klathmon 8y agoThere's no need to guess, the study was actually done on Teslas with and without AP hardware. I don't know it well enough to know if there were other factors at play, but it wasn't just that Teslas in general were less likely to crash, only the ones with AP hardware installed.
- taneq 8y agoHuh, I missed that. Thanks!