From ThingCo to Direct Line, there is no shortage of firms offering creative new ways of offering car insurance to customers.
The latest service in this long line is By Miles’, the UK startup founded in 2015, new connected car insurance for British Tesla owners.
Just like many of its competitors, By Miles new offering will enable insurance holders to get an accurate price each month for their insurance by recording data about their driving.
The main difference, according to B Miles, is that it does not need a black box or any other device.
Instead, the drivers’ Tesla will record the data. The insurer will then be able to pull real-time mileage information directly from the Tesla acccount, according to TechCrunch.
The new policy is the result of a collaboration between By Miles and the digital insurer La Parisienne Assurances.
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