Self driving cars seem to be a far fetched dream for auto insurers

Autonomous cars offer the promise that 20 years from now we’ll live in a world where cars take themselves to the gas station while we’re sleeping to fill up or charge up for the next morning’s drive, where we can enjoy texting on the ride to work without totaling our car, and where getting a learner’s permit will no longer be a teenage rite of passage. The day of the autonomous car is approaching, and while not every vehicle on the road will be without a driver once that day arrives, it’s expected that by around 2035, up to one-third are likely not to have one.

While it’s a scenario that every auto insurer has heard about and dreads, it’s not the scenario auto insurers should really be focused on today. Instead, they need to concentrate on the artificial intelligence already making its way onto the roads because it’s those advanced driver assistance systems that are about to upend accidents and claims experience in the industry’s pricing and underwriting models, long before self-driving cars make a significant impact.

Insurers are starting to get their first glimpse of the dramatically different world of driving they will be confronting for the next 15 to 20 years. It’s a landscape populated by the full spectrum of vehicles — from traditional car and driver to those that are partially self-piloted, with even a small set of experimental self-drivers. While the numbers with such innovations as autonomous braking and automatic steering correction functions are still few, that won’t be the case for long.

Read rest of the story

By | 2017-05-11T09:39:16+00:00 May 11th, 2017|Categories: All Articles, News|Tags: , |0 Comments

Leave A Comment

700-702 Certification 250-406 HC-261-ENU VCE 9A0-082 Exam-PDF 200-355 Dumps FI0-461 Exam HP0-758 Exam 920-021 Study-Guide SDM_2002001050 Dumps EWDA101 Exam RV0-100 Dumps C2140-053 Dumps 1Z0-133 PDF NS0-102 IT-Exam 1Z1-820 Dumps L50-501 Exam 920-158 VCE 050-SEPROGRC-01 PDF ACSO-NH-WK4-KV-01 IT-Exam S10-300 PDF HC-035-510-ENU Study-Guide 9A0-040 Study-Guide 000-934 Dumps M9520-233 Exam 1Z1-244 Exam-PDF 0B0-104 Certification C2070-588 Exam-PDF A4040-224 Exam-PDF OSDBG-01 VCE HP2-B22 Exam-PDF CSMP-001 IT-Exam 9A0-331 Exam 301-01 Exam 1Z0-514 IT-Exam JN0-201 VCE 9A0-144 Dumps M2020-745 Certification HP2-GHI Exam-PDF P2050-030 Dumps MB5-851 ST0-079 Certification C-BOE-30 Certification HC-035-610-ENU Exam TB0-116 PDF C_BOE_30 VCE 300-470 VCE 000-020 Study-Guide 00M-647 Study-Guide M2170-741 Exam 1Y0-259 Study-Guide 050-RSAENVSF02 Exam