4 ms·
What I think is interesting is that none of these articles talk about one specific implication of self-driving cars. What happens to car-insurance companies?
by Naac 7y ago
What I think is interesting is that none of these articles talk about one specific implication of self-driving cars.
What happens to car-insurance companies?
Seems like with self driving cars the form of car insurance we have now wouldn't be really necessary. I expect car-insurance profits to decline. Isn't there an incentive ( read: lobbying ) for car insurance companies to discourage self-driving cars?
- jes5199 7y agoTesla offers car insurance for Teslas, probably trying to get ahead of this
- Marsymars 7y agoIn competitive jurisdictions, car insurance isn't a profitable venture per customer - insurance companies make money on the float. In other jurisdictions, auto insurance is provided by a single public auto insurer - these rarely run a notable profit.