29 Jul '14, 11am

7 Insurance Issues With Your Self-Driving Car via @eetimes #driverless

MADISON, Wis. — As we gird for the inevitability of fully autonomous cars sometime between 2020 and 2035, we occasionally hear the small, still voices of technologists and industry analysts discussing the significant reduction in automotive insurance rates (if you drive a self-driving car, that is) and how it will add momentum to autonomy. In theory, the assumption doesn't seem outrageous. The prevailing consensus is that the technology is more likely to reduce human error than to mimic or exacerbate it. But having never talked to anyone in the insurance industry on this particular topic, I wasn't sure if insurers are actually on the same page with the engineers who've been advocating the new technology. By looking at self-driving cars from insurers' point of views, I'd figured we might gain some perspectives on how self-driving cars might be perceived by society at large....

Full article: http://www.eetimes.com/author.asp?doc_id=1323250&section_...

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