Rivian’s plans to sell insurance for its electric vehicles are now taking shape, with new details released about data-driven coverage and a partnership with Nationwide. Customers also will be able to insure their home, recreational equipment, and other vehicles. Rivian Insurance will be available to customers in 40 states initially. The policies will be underwritten by third-party carriers. Rivian has not disclosed who they will be, but Nationwide confirmed that it’s a partner. “When customers purchase their Rivian vehicle, the company will offer customers auto insurance products underwritten by Nationwide,” a Nationwide spokesperson said in a statement. “The partnership will lead to improvements in product development and customer service experience for both companies. Rivian is a great example of a company that develops products with the best interest of the customer in mind. They are revolutionizing the electric vehicle and connected car industry, and Nationwide is proud to provide our best-in-class products and digital infrastructure to help them meet their customers’ needs.”
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