Insurance Using Real-Time Driving Behavior

Tesla offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X and Model Y owners in select U.S. states. 

Unlike other telematics or usage-based insurance products, Tesla does not require an additional device to be installed in your vehicle. Tesla uses specific features within the vehicle to evaluate your premium based on your actual driving. You will make monthly payments based on your driving behavior instead of traditional factors like credit, age, gender, claim history and driving records used by other insurance providers.

Your premium is determined based on what vehicle you drive, your provided address, how much you drive, what coverage you select and the vehicle’s monthly Safety Score. An average driver could save between 20% to 40% and the safest drivers could save between 30% to 60%.

https://www.tesla.com/support/insurance