NYSE:LMNDInsurance
Is Lemonade’s (LMND) Tesla Data Tie-Up Quietly Redefining Its Edge in Autonomous Insurance?
Lemonade has launched Lemonade Autonomous Car insurance, a new product for self-driving vehicles that halves per-mile rates when Tesla’s Full Self-Driving is engaged, initially rolling out in Arizona and Oregon through a data-sharing collaboration with Tesla.
By tapping previously unavailable Tesla vehicle telemetry, Lemonade can distinguish autonomous from human-driven miles and price risk by software version and sensor precision, creating a specialized insurance model for self-driving...