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re: Ford to mass produce fully autonomous vehicles by 2021

Posted on 8/16/16 at 8:43 pm to
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48337 posts
Posted on 8/16/16 at 8:43 pm to

quote:

Eventually, they won't be able to get insurance.


Why not?


Automated vehicles will be a much lesser risk for insurers than person controlled. Once automated becomes a majority of the cars on the road (with much less risk), insurers will begin to squeeze out person controlled. Insurance companies tend to not insure high-risk activities when lower risk alternatives exist.

Or they might insure them but for astronomical premiums
Posted by Lou Pai
Member since Dec 2014
28172 posts
Posted on 8/16/16 at 8:58 pm to
quote:

Automated vehicles will be a much lesser risk for insurers than person controlled. Once automated becomes a majority of the cars on the road (with much less risk), insurers will begin to squeeze out person controlled. Insurance companies tend to not insure high-risk activities when lower risk alternatives exist.

Or they might insure them but for astronomical premiums


In such a world, driving your own vehicle would be immensely safer than it is today, since frequency of collisions would plummet. The self-driving cars would supposedly have the ability to avoid accidents caused by human drivers. Therefore risk and liability go down, no?
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