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When will insurance companies realize the risk reductions of self driving cars and begin lowering their rates and raising the rates of manually driven cars. I
by jay-saint 11y ago
When will insurance companies realize the risk reductions of self driving cars and begin lowering their rates and raising the rates of manually driven cars.
I think that this will be the biggest market driver for this technology. Eventually insurance rates will push people into self driving smart cars.
- austin_y 11y agoYou may well be right, but I think it's possible that as self driving cars proliferate, insurance rates across the board may drop. It makes sense that rates would be lower for self driving vehicles than human driven, but just as each individual (no matter their vehicle) benefits from a lower incidence of accidents, they might also share the lower cost.