Elon Musk promised cheaper, better, even “revolutionary” auto insurance after Tesla started losing sales because of high premiums. But understaffing left some customers waiting weeks or months for compensation as they continued making payments on crashed cars.
The sole reason why Tesla got in it was because they saw EVs starting to become uninsurable. Tesla insurance is also completely connected to how you drive. No opt out. You drive late at night, like to accelerate and brake hard, high cornering speed? You quickly start to pay more for it.