Smart cars will, undoubtedly, have a big impact on the auto insurance industry and market. Experts estimate that more than 10 million vehicles will have autonomous driving systems before 2020. This could mean losses of over
More and more automakers are developing autonomous driving systems. These are equipped with crash avoidance systems that significantly reduce the risks of road collisions. Tests confirm that crash avoidance systems can handle a car very well through traffic and they have registered a 100% success rate.
If smart cars will make accidents a thing of the past, auto insurance agencies will lose their purpose. A policy provides protection in case of a collision. If the risk of causing an accident will be very low, the premiums will also fall to a minimum level.
With autonomous driving systems, arises the question of liability. If two drivers who have autonomous driving systems collide, who is to blame? The car, the driver or the manufacturer? And who should shoulder the repair bill?
Autonomous driving systems still have a long way to go before they become popular. Until then, drivers still need good financial protection for their vehicles. A professional brokerage website like http://autocarinsurancebest.com/ provides free car insurance quotes from top agencies. Comparing quotes is simple, efficient and can help car owners save more than 30% on their premiums.
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