this post was submitted on 17 Feb 2026
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Tesla
Are they even insured like typical insurance?
If Tesla owns it, don't they just pay out of pocket as needed, they don't actually have a monthly payment to themselves or anything?
There's no way, then why can't I drive around "uninsured" with thr promise I'll pay out of my pocket for any damage.
I'm not sure if this is available everywhere, but in California you can put up a bond in lieu of insurance with the DMV, either with your own money or with a surety bond company.
So you can do it, they just require proof in the form of the bond that the money is available when needed. They won't just take your word for it. They might take the word of a company with a $1.3 trillion market cap, which is probably a bad idea. You get hit with one of these fuckers and instead of the admittedly shitty but known process of dealing with an insurance company, now you have to deal with a huge company that doesn't want to admit their dumb camera only system is at fault.
This is what I was thinking was possible ya. If they have enough money, they could just cover it themselves.
I really don't know if that can be done everywhere though.
And ya, as an individual self insuring this way, it would be a disaster going against a behemoth like Tesla.
Companies routinely purchase insurance against their own liabilities.
What auto insurance company would insure an unproven tech like this at a reasonable rate?
If someones willing to insure it, it must cost an arm and a leg at least at this point in time in the cycle?