Reply to post: Re: Mandatory

Why do driverless car makers have this insatiable need for speed?

CaptainHook

Re: Mandatory

I'm not sure that rising insurance premiums will be allowed to reach a point where people can't afford them. That doesn't really play out very well for the insurance industry...

*****

I suppose that depends on how driverless cars are insured. If the owner has no effect on operation then making owners buy insurance seems pointless and the vehicle should effectively be insured by the manufacturer. In that case large part of the car insurance industry will wither and die.

If the user is still expected to maintain insurance to use the road, then from the insurance industries point of view, it's still just a car policy with a different risk analysis, so long as the average profit margin per policy remains the same then I don't see why the car insurance industry would care.

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