Insure My TeslaApril 24th, 2019
I wondered many of times… will Tesla leverage their knowledge of vehicle safety to start their own insurance program? Why not give Tesla the premiums? They can provide rangers parts immediately upon claims.
When Tesla does something, they remove all the friction they can to ensure users have the best experience possible. Shopping around for insurance, putting in claims, it’s all a pool of money that changes hands to support parts and service.
I am confident that Tesla’s insurance will:
- Be cost competitive
- Be very easy to switch to
- Provide superior (through the app) service
- Superior coverage in terms of happenstance
Last year I gave my insurance company $1200. I submitted no claim. It was $1200 of pure profit to a company. I see no reason why I would oppose giving this money to Tesla for comparable coverage. How awesome would it be if my insurance rates even went down?
I am TSLA Long. Model 3 Owner. Brother of a Model 3 owner. Son of a Model S owner. I have reservations for Slate Roof and Cybertruck. I am a Tesla speculator and fanboy. I am not a financial advisor. Investing in anything comes with inherent risk.
I (Pseudonym: Oliver Klozov) support the following on Patreon and you should too:
The following YouTubers help support my TSLA long bias through stock price volatility. +Great insights.
- The Limiting Factor
- Now You Know
- Dave Lee on Investing
- Financial Education
- EV Stock Channel