You are viewing a single comment's thread.

view the rest of the comments →

0
10

[–] 8646290? 0 points 10 points (+10|-0) ago  (edited ago)

No they don't. Automobiles will still need coverage against uninsured motorists, crime, weather, liability, etc. In the case of a self-driving car being at fault in an accident, the parties may have a product liability claim against the manufacturer. If self-driving cars make roads safer, then the risk calculation changes and insurance companies will lower prices as much as they can to compete.The end result should be that fewer people go uninsured. Everyone wins.

0
10

[–] ScreaminMime 0 points 10 points (+10|-0) ago 

There is one entity that loses and is fighting this thing behind the scenes the hardest... your local governments will lose $BILLIONS in tax revenue generating tickets!

0
3

[–] ThinPerson 0 points 3 points (+3|-0) ago 

Insurance prices won't go down where it's mandatory.

0
2

[–] thrus 0 points 2 points (+2|-0) ago 

The companies have a clear arguing point to raise them actually, all the fancy tech makes cars cost more to repair and means that little things like a tree limb falling isn't a dent pull but a full sensor check and replacement depending on the location it hits. Plus the tech is new and changing constantly so there is no surplus of parts laying around, as well as this requiring more well trained techs meaning repair costs go up, add in that repairs on the self driving carry a bigger risk of mistakes costing lives means that the repair shop has to have more insurance so they also raise rates meaning they pass that cost on as well.

0
2

[–] Spankydickerson [S] 0 points 2 points (+2|-0) ago 

In a law suit they always go after the deep pockets.

0
0

[–] thrus ago 

Or just all of the pockets.