New job offers from Tesla seem to reveal that its home insurance is about to arrive in Europe. Let’s take stock of what we know about this particular car insurance.

Credit: Romain Heuillard

Tesla has been offering car insurance in the United States for some time now, with a promise: to collect as much data as possible to offer an unbeatable price for certain drivers. While crazy drivers probably won’t find it, careful drivers recognize that the price has come down a lot compared to their old insurance company. According to a job offer posted by Tesla, this model could see the light of day in Europe very soon.

Insuring your Tesla would soon cost less in France

If the price of insurance for electric vehicles is sometimes lower than their thermal counterpart, this is not the case for Tesla. Indeed, according to a study conducted at the end of 2022, the average cost to insure a Tesla is 915 euros, compared to 572 euros on average for an electric car.

The parking lot at the Tesla center in Val d’Europe // Source: Bob JOUY for Frandroid

In the near future, that could be history, if Tesla’s posted job ad is to be believed:

Tesla Insurance is rethinking the way our customers experience insurance and protect their Tesla products.

Tesla Insurance has an exceptional opportunity for a qualified legal advisor to build and lead the insurance company’s internal legal function and guide through the legal and regulatory landscape for an insurer operating cross-border in Europe.

This is a full-time opportunity, based in our London office.

Currently, Tesla insurance is available in certain US statesand it would be the first time that it crosses the American borders. No one knows for the moment if European insurance would be launched in all countries, or only in a few selected countries..

At the start of 2022, Tesla’s chief financial officer laid the first bricks for an expansion of Tesla insurance in Europe, indicating that when the difficulties encountered in the United States are much less significant, ” Tesla will then turn its attention to the European market“. It seems that 2023 is the year when some Tesla Model Y or Model 3 owners will be able to take advantage of possibly cheaper insurance for their electric car.

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