On April 2, Tesla's recent update showed that the company has opened a "safety scoring system" for car owners who insure Tesla's self-operated car insurance in California.
As early as last October, Tesla took the lead in launching self-operated insurance products in some us states. Starting this year, Tesla has gradually begun to cancel insurance cooperation with third-party companies and underwritten through Tesla General Insurance for the first time. Tesla ultimately hopes to build a safety scoring system before the insurance product is finally perfected.
It is reported that this safety scoring system will be evaluated according to the driving habits of the owner, and will have a basic safety score of "90 points" after the first launch, and when the owner's score is higher than this score, the monthly premium will drop.
The safety assessment includes data related to driving safety, such as the forward collision warning collected by the vehicle, the emergency brakes being pressed, the steering wheel turn sharply, and the number of mandatory interventions in Autopilot.
Tesla CEO Elon Musk said that Tesla can get the most direct feedback on whether driving is safe through data, if the owner can drive safely, then the premium will naturally decrease, "in the safety scoring system above the average score of the car owners can get 20-40% of the premium savings, and the highest score of the car owners can get 30% -60% of the premium savings." ”
In the United States, the calculation of vehicle premiums is usually related to the age, gender and type of vehicle driven by the owner, but Tesla said that unlike other insurance companies, the scoring system does not take into account age and gender.
Tesla judges the probability of an accident based on the real driving habits of the owner, and calculates the vehicle premium that each car is different, which is a new premium calculation method that no car company or insurance company has tried before.
Compared with Tesla's ability to predict the possible relationship between the premium of each vehicle and the claim through the means of safety scoring, the premium calculation method of traditional insurance is obviously not very competitive and scientific.
In China, Tesla has set up an insurance brokerage company in 2020, but has not carried out its own insurance business. However, it is foreseeable that with the continuous improvement of the accuracy of intelligent new energy vehicles in terminal data collection and safety assessment, it will be possible to accurately estimate premiums through self-operated insurance projects established by car companies.
In December last year, china launched captive insurance for new energy vehicles, and the premiums of some new energy vehicles increased significantly, causing heated discussions. In this regard, Cui Dongshu, secretary general of the Association, once said that new energy vehicles cannot be afforded and cannot be afforded, and encourage vehicle companies to establish their own insurance varieties, expand insurance business, and establish a low-premium insurance system supported by data to promote the industry to provide more accurate vehicle premiums.
Do you support or oppose Musk's approach to self-operated insurance products and risk assessment mechanisms?