Tesla Expands Its Insurance Business To Arizona And Ohio Customers

Tesla owners in Ohio and Arizona can now join the ranks of U.S. drivers insured by the automaker, according to an update on its website. That raises the number of states in which Tesla offers insurance to five.

“Get competitive rates in Arizona, California, Illinois, Ohio and Texas in as little as one minute. Insurance based on real-time driving behavior now available in Arizona, Illinois, Ohio and Texas,” Tesla writes on its website.

Tesla first offered insurance in California, before expanding its offering to Texas and Illinois. In October, CEO Elon Musk said that the automaker aims to offer insurance in most states by the end of 2022, per Electrek, something that may be challenging since the regulatory landscape changes from state to state.

Read More: Tesla Insurance Launches In California, Aims To Save Owners Up To 30%

Tesla Insurance launched in 2019 promising to save drivers plenty on their coverage by using driving data to set each driver’s price based on their behavior. The company claimed that the product was designed to save its drivers 20 percent on their insurance rates, but could lower rates for the safest drivers by up to 30 percent.

However, it still hasn’t introduced the safety score pricing feature in the first market it entered, California, where it has encountered regulatory issues. It has been introduced in other markets, though, and the message on Tesla’s website indicates that rates based on real-time driving behavior will be offered to Tesla drivers in Arizona and Ohio. Tesla first introduced the real-time rate product in Texas and reports suggest that those who used the service weren’t actually saving very much money unless they already had high premiums based on their age or gender.

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