Tag: insurance

Ford And State Farm Partner To Introduce Tesla-Style Usage-Based Insurance Program

Ford today announced that it will introduce Drive Safe & Save, a usage-based insurance product for Ford and Lincoln vehicle owners with eligible connected vehicles. The insurance will first be introduced in Alaska, Idaho, Montana, and Oregon. The automaker is partnering with State Farm to start introducing policies in those states as of February 27, […]

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GM Plans To Introduce Tesla-Style Behavior-Based Insurance Product

General Motors expects to unveil an algorithm-based auto insurance plan that will base customers’ rates on their driving habits, not unlike Tesla’s insurance product. OnStar has asked for regulatory approval of the new insurance plans in Arizona, Illinois, and Michigan together with its insurance partner, American Family. They hope to receive approval by the end […]

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