Tesla Promises Lower Insurance Premiums With 'Every Mile' Of Supervised FSD Driving: Here's How To Avail It

Tesla Inc. (NASDAQ:TSLA) owners can avail lower insurance premiums with the Supervised Full Self-Driving (FSD) technology. Here’s what you need to know.

Adding 100 Points To Safety Score

The Tesla North America handle posted on X on Tuesday, saying that the company will offer a “score of 100” to drivers for “every mile” driven with Supervised FSD with the Safety Score v3.0. “This allows you to maintain a higher average safety score over time, resulting in lower monthly insurance premiums,” Tesla said.

The new system will only be applicable to new policies and will be available in select states like Indiana, Tennessee, Texas, Arizona, Virginia & Illinois, Tesla said in the post.

<blockquote class="twitter-tweet">

Tesla Insurance update

With the latest version of Safety Score (v3.0), every mile you drive with FSD Supervised enabled will receive a score of 100.

This allows you to maintain a higher average safety score over time, resulting in lower monthly insurance premiums.

Applies to…

— Tesla North America (@tesla_na) April 14, 2026

Tesla Safety Score: What Is It?

The Safety Score is a program used by the company that assesses driver behavior in real-time with multiple metrics that combine to predict the likelihood of a future collision. A lower score would indicate the system deems the driver to be unsafe, resulting in costlier insurance premiums.

Tesla’s Lemonade Partnership, FSD Europe Approval

Tesla had earlier partnered with insurance provider Lemonade Inc. (NYSE:LMND), which had said that it would provide a 50% rate cut for drivers when the automaker’s FSD system was engaged, citing enhanced safety because of the system. The company had said that rates could go down further in the future.

Tesla’s FSD technology was also given regulatory approval by the Netherlands Vehicle Authority (RDW) after it was tested. The approval could pave the way for larger adoption of the technology across the globe, as EU safety standards have been followed/recognized by multiple countries.

However, investor Gary Black of The Future Fund LLC described the approval as a “non-event” due to the system still being supervised and Tesla still lacking marketing prowess.

According to Benzinga Edge Rankings, Tesla offers satisfactory Growth and Momentum, but fails to provide a favorable price trend in the short, medium, and long term.

Price Action: TSLA surged 3.34% to $364.20 at market close on Tuesday, further surging 0.49% to $366.00 during the overnight trading session.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Photo courtesy: Tada Images / Shutterstock

© 2020 Benzinga.com - Benzinga does not provide investment advice. All rights reserved.