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Lemonade cuts Tesla FSD insurance costs by 50% in Tennessee

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U.S.-based insurer Lemonade has launched its Autonomous Car insurance package in Tennessee, offering a 50% premium reduction for Tesla Full Self-Driving (FSD) subscribers. Lemonade claims FSD is twice as safe, justifying the proportional discount per FSD mile driven. Coverage includes medical and repair costs, roadside assistance with a mobile charging station, fire, weather, and vandalism damage, legal fees, and replacement vehicles in case of theft. The package starts at $30 per month and can be bundled with other Lemonade insurance products.

🔎 Why it matters: Lemonade's Autonomous Car insurance version in Tennessee introduces a significant 50% premium reduction for Tesla FSD users, based on the system's improved safety.
📈 Upside: Significantly lowers insurance costs for Tesla FSD users, encouraging adoption.
📉 Risk: The discount relies on the claim that FSD is twice as safe, which may vary under real driving conditions.
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