Lemonade Offers 50% Insurance Rate Cut For Tesla Drivers Using Full Self-Driving: 'Because It Increases Safety So Much,' Says Elon Musk - Tesla (NASDAQ:TSLA)
Benzinga·2026-01-22 04:17

Insurance provider Lemonade Inc. (NYSE:LMND) has said that it will offer a 50% rate cut for Tesla Inc. (NASDAQ:TSLA) drivers when the automaker's Full Self-Driving (FSD) system is engaged, as it can reduce accidents, the company shared.Lemonade Cuts RatesLemonade will cut "per-mile rates for FSD-engaged driving by approximately 50%," the company said in a statement on Wednesday, adding that rates could go down further in the future. The company, which collaborated with Tesla to unveil its "autonomous car in ...