Last time I looked, a vehicle operating FSD had about 15% of the accidents of the average, unaided human driver.
intercst
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I thought Tesla insured its own cars.
DB2
Tesla offers insurance in some states, but is far from insuring every car.
It does, but the insurance business is bleeding money.
I wonder if Tesla is secretly backing this so that the insurer doesn’t lose any money no matter how many claims are filed? TSLA could easily afford it and it seems like the type of deception that Musk would go for.
Yeah, but this doesn’t account for all the FSD accidents that would have happened but for the human driver taking over when an FSD accident was imminent.
If FSD was truly operating unsupervised, there would be a lot more FSD accidents.
Naw, I don’t think so. The headline and most of the article are misleading. Lemonade offers insurance based on mileage. Their FSD mileage rate is 50% lower than the human mileage rate.
It sounds plausible to me that FSD + a human driver is 50% better than a human driver alone, all things being equal.
The way insurance companies really make money isn’t on underwriting. It is by investing the float. I hadn’t heard of Lemonade before this. If they can get lots of new customers because of the publicity it is probably a win. Plus, you have to give them all your driving data. They can dump bad drivers and keep the good ones.
But I do think the insurance space is good watch in this area. If a company can come up with an L4 system and the insurance industries agrees, that means it is the real deal.