"Tesla Full Self-Driving just got an insurance offer from Lemonade Co-founder and President Shai Wininger that might be too good to pass up, as he wants to insure vehicles on FSD for "almost free." Traditionally, Tesla vehicles are slightly more expensive to insure with traditional companies because of higher repair costs that stem from their technology and state-of-the-art structural battery design."
"On X, Wininger recently announced the direct integration with Tesla vehicles that would roll out to Lemonade customers. The integration would "remove the need for a UBI device in our Pay Per Mile product. This makes activating Lemonade Car on Teslas effortless and lets us cut hardware and shipping costs, helping lower prices for Tesla drivers even further." He said the Tesla API complemented Lemonade's platform because it provides "richer and more accurate driving behavior data than traditional UBI devices.""
Lemonade announced direct integration with Tesla vehicles to simplify its Pay Per Mile product and eliminate the need for separate UBI hardware. The integration allows Lemonade to use Tesla's API for richer, more accurate driving behavior data and to cut hardware and shipping costs, lowering prices for drivers. Lemonade's co-founder proposed insuring Tesla Full Self-Driving miles for almost free if accepted. Tesla vehicles currently face higher insurance prices due to repair costs and battery structures. Some tech figures cite a Tesla Q2 2025 vehicle safety report indicating FSD can make driving nearly ten times safer.
Read at TESLARATI
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