Lemonade integrates support for Tesla's FSD v14 Lite, offering a 30% premium discount for drivers in select states as the insurer expands its footprint in the autonomous vehicle market.
Lemonade has expanded its Autonomous Car insurance product to include support for Tesla vehicles equipped with HW3 running FSD (Supervised) v14 Lite. By offering a 30% discount on premiums for miles driven with the software engaged, the company is leveraging its data-driven underwriting model to capture a larger share of the Tesla-owning demographic in Arizona, Colorado, and Tennessee.
Drivers can pay 30% less for miles driven while FSD (Supervised) v14 Lite is engaged.
The support for Tesla HW3 vehicles is currently available in Arizona, Colorado, and Tennessee.
Tesla's FSD V14 Lite is now supported by Lemonade's autonomous car insurance, potentially increasing consumer confidence and adoption of Tesla's FSD technology.
Lemonade has extended its Autonomous Car insurance coverage to include Tesla vehicles operating on FSD (Supervised) v14 Lite with HW3 hardware. The expansion, currently available in Arizona, Colorado, and Tennessee, offers policyholders a 30% reduction in premiums for miles driven while the FSD system is engaged.
Tesla drivers using FSD (Supervised) v14 Lite on HW3 hardware can receive a 30% discount on their insurance premiums for miles driven while the autonomous system is active.