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This news comes as Tesla moves some of its production to the state, while the automaker’s founder is also rumored to be relocating Texas. (Credit: John Disney/ALM) This news comes as Tesla moves some of its production to the state, while the automaker’s founder is also rumored to be relocating Texas. (Credit: John Disney/ALM)

The Texas State Insurance Department has approved a revised policy form submitted by Redpoint County Mutual Insurance Co. for a Tesla Insurance Program for private passenger autos. The carmaker currently offers its insurance product in California and is expected to expand into additional states moving forward.

Tesla is not the first automaker to offer insurance, nor is it likely to be the last. In late 2020, GM announced it will be rolling out a product leveraging its OnStar systems.

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