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Insurer Lemonade offers 50% discount on Tesla's self-driving miles, citing safety data.

Market News
04 Sep 2026
24/7 Wall Street
View Source
Bullish
Insurer Lemonade offers 50% discount on Tesla's self-driving miles, citing safety data.

Lemonade launched a new insurance product in Missouri offering Tesla drivers a 50% discount on miles driven using Tesla's Full Self-Driving (FSD) technology. This discount is based on Lemonade's analysis of crash data showing FSD reduces accident risk, allowing the insurer to price autonomous miles lower than human-driven ones. The move reflects a data-driven approach to insurance pricing for autonomous vehicles and could influence broader industry practices. Lemonade aims to expand this product rapidly across states while targeting profitability by Q4 2026.

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