Eventually, when we have more autonomous vehicles, there will be ONE auto liability policy held by each Car Mfg. It will be for “products liability” for their software, since that’s how the car ‘runs’. If there is a computer glitch, it will be the manufacturer/software design insurance policy that pays the claim. The owner of the car wi…
Eventually, when we have more autonomous vehicles, there will be ONE auto liability policy held by each Car Mfg. It will be for “products liability” for their software, since that’s how the car ‘runs’. If there is a computer glitch, it will be the manufacturer/software design insurance policy that pays the claim. The owner of the car will pay into that policy.
This has been discussed for many years in the insurance area. Many personal auto liability carriers are concerned they will lose their market.
On the brighter side, we’d be able to move goods faster and more efficiently with autonomous 18 wheelers. The trucking industry is down 80,000 drivers or half their average amount of drivers. They can’t find people to drive the trucks.
Double edged sword. No bueno for personal cars (potential restrictions), but muy bueno for tractor trailers. 😬
Eventually, when we have more autonomous vehicles, there will be ONE auto liability policy held by each Car Mfg. It will be for “products liability” for their software, since that’s how the car ‘runs’. If there is a computer glitch, it will be the manufacturer/software design insurance policy that pays the claim. The owner of the car will pay into that policy.
This has been discussed for many years in the insurance area. Many personal auto liability carriers are concerned they will lose their market.
On the brighter side, we’d be able to move goods faster and more efficiently with autonomous 18 wheelers. The trucking industry is down 80,000 drivers or half their average amount of drivers. They can’t find people to drive the trucks.
Double edged sword. No bueno for personal cars (potential restrictions), but muy bueno for tractor trailers. 😬