Tesla’s Insurance program is offered in just a few US states - but it offers an integrated and seamless solution since it's built directly into the Tesla app. And now that experience is about to get even better if you own or subscribe to FSD.
With Tesla Insurance, you can view your documents, billing, payment details and even make claims right in the Tesla app. Additionally, Tesla offers varying levels of coverage with different plans, and you can also insure non-Tesla vehicles in addition to your Tesla.
In all states except for California, Tesla uses your Safety Score to help determine your insurance rate. So the safer you drive according to Tesla’s factors - the higher your Safety Score. A higher score means you pay less for insurance, while a lower score increases your rate. Rates can change on a month-to-month basis, so you can adjust your driving to become a safer driver to benefit more.
FSD Discount
Based on information pulled from Tesla’s latest app update - V4.41.0 - it seems that Tesla intends to introduce a new feature. These findings were discovered during a recent decompile of the Tesla app by Tesla App iOS. Tesla’s Safety Score already shows you how much you drive in FSD or Autopilot versus driving manually.
According to the decompiled information, the Safety Score may soon also factor in the percentage of time that you use FSD compared to the time you drive manually. It seems that driving on FSD more often will result in a higher safety score and, therefore, lower your insurance rate.
Sadly, Safety Score is only available to view if you subscribe to Tesla Insurance in a supported state. We’d love to see Tesla bring Safety Score to all users - whether or not they’re eligible or subscribed to Tesla Insurance. Seeing progress bars or seeing statistics improve in real-time can gamify becoming a safer driver.
Cheaper FSD?
This is an interesting change and could potentially even help attract people to use FSD more often. If you could cut your insurance rate by $50 a month and subscribe to FSD for just $99 a month - would that be enough of a positive factor for people to subscribe?
Effectively, if the discount is big enough, it could offset the cost of subscribing to FSD, increasing the revenue for Tesla.
We really hope this is the way Tesla is going because increasing FSD adoption will be key to both increasing real-world training data, as well as accelerating the adoption of a tech that will make roads safer both for FSD users and other road users.
We’re really looking forward to seeing how Tesla implements these changes - and hopefully they bring Tesla Insurance to even more states and countries in the near future.
