Self-Driving Cars And Auto Insurance

Self-Driving Cars Could Flip the Auto Insurance Industry on Its Head

James F. Peltz | June 20, 2016

As the driverless car gets closer to reality, so too does the dilemma of how to insure the car and its owner.
The auto insurance industry faces upheaval in the next 25 years as the migration to autonomous safety features — and ultimately a self-driving car — shifts more of a car’s accident risk from the driver to the vehicle, analysts said.
The number of accidents is expected to drop sharply because currently more than 90% of accidents are caused by driver error. That could lower insurance bills for consumers. 

"Women Say No Thanks to Driverless Cars, Survey Finds; Men Say Tell Me More." (June 9, 2015) Source: https://www.nerdwallet.com/blog/insurance/survey-consumer-fears-self-driving-cars/

"Effect of Robotic Driverless Vehicles on Auto Insurance Costs" (July 17, 2014)  Source: http://www.roboticstomorrow.com/article/2014/07/effect-of-robotic-driverless-vehicles-on-auto-insurance-costs/4298/

<more at http://www.latimes.com/business/la-fi-agenda-driverless-insurance-20160620-snap-story.html; related articles and links: https://www.nerdwallet.com/blog/insurance/survey-consumer-fears-self-driving-cars/ (Women Say No Thanks to Driverless Cars, Survey Finds; Men Say Tell Me More. June 9, 2015) and http://www.roboticstomorrow.com/article/2014/07/effect-of-robotic-driverless-vehicles-on-auto-insurance-costs/4298/ (Effect of Robotic Driverless Vehicles on Auto Insurance Costs. July 17, 2014)>