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Lemonade Insurance to cut car rates up to 50% if you drive a Tesla

Posted on 1/21/26 at 12:25 pm
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29514 posts
Posted on 1/21/26 at 12:25 pm
Posted by Shexter
Prairieville
Member since Feb 2014
19907 posts
Posted on 1/21/26 at 12:26 pm to
Never heard of Lemonade Insurance. This must all be for publicity.

quote:

Lemonade, Inc. is an American insurance company. The company offers renters' insurance, homeowners' insurance, car insurance, pet insurance, and term life insurance in the United States, as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France. The company is based in New York City and has approximately 2.9 million customers. Lemonade does not hire human employees to process claims for customers, instead using artificial intelligence and chatbots to process claims


This post was edited on 1/21/26 at 12:28 pm
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
77495 posts
Posted on 1/21/26 at 12:35 pm to
quote:

Lemonade does not hire human employees to process claims for customers, instead using artificial intelligence and chatbots to process claims


Do they hire real attorney's?
Posted by Shexter
Prairieville
Member since Feb 2014
19907 posts
Posted on 1/21/26 at 12:39 pm to
quote:

In April 2017, the company announced additional investors: Allianz and Ashton Kutcher’s Sound Ventures.


Posted by billjamin
Houston
Member since Jun 2019
17468 posts
Posted on 1/21/26 at 12:40 pm to
quote:

Do they hire real attorney's?

Gonna show up to court and they have the based version of Grok running on a laptop just wrecking shite.
Posted by notsince98
KC, MO
Member since Oct 2012
21770 posts
Posted on 1/21/26 at 12:42 pm to
sounds odd. Every other insurer out there is raising rates on tesla vehicles. They have the highest death rate of any manufacturer out there right now.
Posted by diat150
Louisiana
Member since Jun 2005
47487 posts
Posted on 1/21/26 at 12:44 pm to
it would make sense that if our cars are more safe and driven autonomously that the insurance would drop dramatically. I worry that the stranglehold that personal injury attorneys and insurance companies have on our pocketbook might try to stifle the growth we are seeing in self driving technology by paying the politicians to pass laws against self driving technologies.
Posted by forkedintheroad
Member since Feb 2025
1886 posts
Posted on 1/21/26 at 12:45 pm to
quote:

Gonna show up to court and they have the based version of Grok running on a laptop just wrecking shite.


Wasn't this already tried and the judge shut it down?

Honestly I think letting AI be the judge is a better choice.
Posted by Giantkiller
the internet.
Member since Sep 2007
25014 posts
Posted on 1/21/26 at 12:50 pm to
My Tesla is on FSD at almost all times unless I'm late for something. Then I switch to manual mode and it's like driving a bolt of lightning.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
138134 posts
Posted on 1/21/26 at 12:50 pm to
Sounds great!
Posted by supadave3
Houston, TX
Member since Dec 2005
32046 posts
Posted on 1/21/26 at 12:58 pm to
quote:

I worry that the stranglehold that personal injury attorneys and insurance companies have on our pocketbook might try to stifle the growth we are seeing in self driving technology by paying the politicians to pass laws against self driving technologies.


I never thought about that but it’s very possible. Their gravy train is going to dry up eventually. We’ll likely see a huge increase in slips/falls in stores and restaurants.

What happens when my self driving car hits your self driving car? Can they scan both cars computers, see which one made the error and assign responsibility off of that?
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
6855 posts
Posted on 1/21/26 at 1:22 pm to
quote:

Never heard of Lemonade Insurance. This must all be for publicity.


They’ve been around for awhile, and have been tagged as an “insurance disrupter”. They don’t write in every state.

They’re all in on AI, so they’ve had some bumps.
They are yet to be profitable, but their investments and cash flow are looking better.

This is an attempt to corner the market on self driving vehicles, and as someone who watches these companies, it’ll work in their favor.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
38443 posts
Posted on 1/21/26 at 1:23 pm to
The data is looking good from what I have seen. The idea is every car commu instead and we drive like ducks fly in a V.
Posted by Eighteen
Member since Dec 2006
37256 posts
Posted on 1/21/26 at 1:38 pm to
quote:

worry that the stranglehold that personal injury attorneys and insurance companies have on our pocketbook might try to stifle the growth we are seeing in self driving technology by paying the politicians to pass laws against self driving technologies.


And law enforcement with a huge reduction in tickets and citations.

The switch to full self driving for everyone by default is going to be forced because eventually the cost to insure a non self driving vehicle is going to get so expensive that it’s going to be a “luxury” to drive a classic car

when every car is FSD and communicating with each other roads and travel is going to be so much safer…even simple features like blind spot monitoring and lane assist has had a huge impact on accidents already
Posted by 6R12
Louisiana
Member since Feb 2005
11711 posts
Posted on 1/21/26 at 1:55 pm to
quote:

sounds odd. Every other insurer out there is raising rates on tesla vehicles. They have the highest death rate of any manufacturer out there right now.


that's just a dumb statement.
Posted by notsince98
KC, MO
Member since Oct 2012
21770 posts
Posted on 1/21/26 at 1:59 pm to
quote:

hat's just a dumb statement.


I think you meant to say the data is dumb. It wasn't my opinion or anything.
Posted by GCTigahs
Member since Oct 2014
2479 posts
Posted on 1/21/26 at 2:02 pm to
I was betting that Elon owned Lemonade Insurance.
Posted by Dadren
Jawja
Member since Dec 2023
3222 posts
Posted on 1/21/26 at 2:20 pm to
quote:

when every car is FSD and communicating with each other roads and travel is going to be so much safer

They don’t even have to communicate with each other tbh.

FSD is fairly predictable in most situations. It does my daily community exactly the same with some slight variations.

Once cars are mostly autonomous, You’ll have predictable cars assessing other predictable cars’ behavior and they will almost never hit each other.
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
74526 posts
Posted on 1/21/26 at 2:22 pm to
quote:

Every other insurer out there is raising rates on tesla vehicles. They have the highest death rate of any manufacturer out there right now.


Link?
Posted by Dadren
Jawja
Member since Dec 2023
3222 posts
Posted on 1/21/26 at 2:33 pm to
quote:

quote:

Every other insurer out there is raising rates on tesla vehicles. They have the highest death rate of any manufacturer out there right now.

Link?

I think he might be thinking about a few clickbait articles that showed something like 5 deaths for every billion miles driven in a Tesla vs something like 4 deaths per billion miles for the next closest manufacturer.

It’s like, OK sure you’re acktualy correct but come on man.

Also, I think the total number of Tesla fatalities was like 80ish last year…compared to a few million registered Teslas on the road.
This post was edited on 1/21/26 at 3:10 pm
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