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This is going to get very interesting for insurance companies. For example, say this was law as it is called for. Yet, insurance companies may well put a very
by Zenst 5y ago
This is going to get very interesting for insurance companies.
For example, say this was law as it is called for. Yet, insurance companies may well put a very heavy premium upon such usage features - be that with the car company for indemnity liability insurance or the car owner themselves.
Which may see a situation in which, this comes to pass and if people unable to use the feature as the insurance premium will be extremely high. More so given without data for actuaries to do full and clear proven risk analysis, will see it hedged to the worst case. After all - insurance companies are in business like every other business, to make money and will protect their own interest first.
So very interesting times ahead and certainly, be a long road (excuse the pun please) ahead until we see driverless cars as normal.