Tesla Insurance eyes imminent entrance in Texas
February 2, 2021 Tesla is eyeing an entrance into Texas with its insurance initiative, which could make it the second state to welcome the electric automaker’s exclusive vehicle coverage program. New documents submitted to the Texas Department of Insurance indicate that Tesla Insurance could be entering a joint venture with Texas-based Redpoint County Mutual Insurance. Redpoint County Mutual Insurance is listed as the filing company in the documents, with Tesla Insurance Services listed as the rate-rule attached company. This effectively means that Tesla Insurance will adopt the same rates ...