Is that insurance affordable for Volvo in America? Liability payouts here can be huge. Volvo putting 100 cars on the road in Sweden in 2017 doesn't necessaril

Is that insurance affordable for Volvo in America? Liability payouts here can be huge. Volvo putting 100 cars on the road in Sweden in 2017 doesn't necessarily mean they're close to shipping autopilot in the US. Insurers may request more testing to give an affordable price. From what I've read, Tesla isn't insured. My guess is that has either to do with cost or insurers' reluctance to put a value on a brand new feature From a Fortune article [1], > Tesla noted that it does not carry insurance against such events. Were the company to be sued because of a death related to, say, its autopilot feature, it could result in a “substantial monetary award” that would have to be paid from “company funds, not by insurance.” [1] http://fortune.com/2016/07/06/tesla-autopilot-crash-material-ceo-elon-musk/ http://fortune.com/2016/07/06/tesla-autopilot-crash-material...