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Insurance

Nov. 10, 2016

It's the end of [automobile insurance] as we know it

As autonomous vehicles become more commonplace, the automobile insurance industry will shift its focus to cybersecurity liability. By Laurie Lo and Patice Gore

Laurie Lo

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By Laurie Lo and Patice Gore

AUTONOMOUS VEHICLES

Many have predicted the rise of autonomous vehicles (AVs) will initiate the end of the automobile insurance industry. By eliminating the number one cause of vehicle collisions, driver error, AVs are expected to herald a golden age of vehicle safety and effectively eliminate automobile liability. However, the more likely scenario is that the automobile i...

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