3 ms·
>Once self-driving cars show a marked decrease in road accidents, insurance prices will rise. Huh? Edit: Just to be clear: The world you describe should see i
by alexeisadeski3 13y ago
>Once self-driving cars show a marked decrease in road accidents, insurance prices will rise.
Huh?
Edit: Just to be clear: The world you describe should see incuranse rates for self-driving cars markedly lower, with rates for driver-driven cars probably a bit lower (than current).
- goldenkey 13y agoHe means insurance prices will rise for those who choose to remain self-drivers. However, you bring up a good point, incidentally, that even if the insurance costs more for a self-driver versus auto-pilot, rates will go down for _both_ either way due to much safer roads.
- toomuchtodo 13y agoInsurance costs for human-driven vehicles will rise.
- cortesoft 13y agoI don't think that is necessarily true.. The cost of insurance is based on the average expected payout per customer... I don't think the average payout will increase, as being a human driver won't suddenly become MORE dangerous, at worst it will stay the same.
- toomuchtodo 13y agoBut what happens when the average expected payout is expected to go down? Insurance companies will expect lower loss ratios from self-driven cars, so doing something as dangerous as driving your own vehicle will carry a premium. Its very similar to how your health insurance premiums are much higher if you're a smoker. You can smoke, but you're going to be charged for this unnecessary, harmful action.
- cortesoft 13y agoOh, I have no doubt that driving your own car will be more expensive than taking a self-driving car. My point was that it wouldn't be more expensive than it currently is to have insurance (when everyone is driving their own car)