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New Auto Insurance Option Introduced To Cut EV Insurance Costs -- Here Are Other Ways To Save

EV Forbes ✦ xCruzoAi 🇺🇸🇪🇸
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New Auto Insurance Option Introduced To Cut EV Insurance Costs -- Here Are Other Ways To Save
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New Auto Insurance Option Introduced To Cut EV Insurance Costs -- Here Are Other Ways To Save focuses on a new pricing approach for electric-vehicle coverage. It reports that Lemonade launched its Autonomous Car insurance policy on June 22 for Tesla drivers in Colorado, with expansions also mentioned for Indiana, Arizona, and Oregon. For eligible Tesla owners in those states, the offer provides 50% off every mile driven when using Tesla’s full self-driving (FSD) supervised technology. The article explains why EV premiums are higher, citing Insurify’s analysis of more than 235 million quotes: EVs average $3,159 annually in 2026 versus $2,218 for gas cars, about 42% more. That translates to roughly $263 per month. It also lists other ways to reduce costs, including EV discounts, bundling policies, and comparing quotes; the offer is limited to Teslas with Hardware 4+ and specified 2025 firmware.

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