Do You Think Self Driving Vehicles Will Lower Insurance Rates?
And, if so, do you think insurance companies would want to undermine self driving vehicles?
shareNot at first, no.
Maybe once all the kinks have been ironed out.
MovieChat Forums > General Discussion > Do You Think Self Driving Vehicles Will ...
I don't think so. In fact, I think insurance companies would like to escalate adoption of self-driving vehicles because that means people who previously can't drive now want to purchase cars, thus more insurance as well.
shareBut since we're often told that self driving vehicles will eventually operate much more safely than human controlled vehicles, then the rate of accidents should decrease greatly. So, with far fewer accidents, shouldn't insurance rates come down greatly?
shareFewer acciedents means fewer payouts, but more insurance customers. Insurance's wet dream!
shareIt's possible self driving vehicles will eventually eliminate the need for insurance entirely.
Why would the owner of a car incur the liability if a self driving car caused an accident? It should be the responsibility of the manufacturer at that point. Technically, car insurance is insuring the driver, but if there is no driver, then there should be no insurance.
And yes, the insurance industry would fight it tooth and nail.
Well you would need some kind of elective insurance in the event of some natural occurrence such as a rock flying up and cracking your windshield or some object hitting your car like a cart in a shopping mall or like if you're driving on a mountain road and a rock rolls down and hits it. Things of that nature.
shareGood point. Yes, would the liability for an accident then become the responsibility of Tesla, Waymo, etc.?
shareProbably eventually once the technology is more perfected and widespread. But that's a long way off.
shareHow many years do you figure? Seems like we're often told it's only 10 years away.
shareOh much longer than that. Maybe more like 25 to 30. Maybe even longer. The way it is right now I won't even want to be in one of those vehicles.
shareThe technology is ready, the public mindset isn't. Tech usually needs a generation rollover to get fully embraced. The same thing happened with automobiles and electricity in our homes. People were very reluctant.
shareonly if it's made compulsory.
shareYes, but only because of kickback incentives to motivate everybody to buy these new cars.
shareHope they don't eventually try to outlaw human controlled vehicles.
I feel like there would be a fair amount of folks (I'm one) who would want to hang onto their old cars. Of course, our insurance rates would probably go through the roof.
We won't see that in our lifetimes I don't think. But for sure we'll see more and more highways you're not allowed to drive on manually. Eventually if you want to drive an old school vehicle cross country, you'll have to take all the backroads.
shareOK, so a tree falls in the way of your self driving car and it has to swerve into one of three options:
1. A woman with a stroller.
2. Three 20 year olds.
3. Four 80 year olds.
Which option does the onboard computer choose? There will be plenty of reason for insurance but perhaps slightly different.
Ah yes, the old trolley conundrum.
Good luck programming THAT algorithm.
Hopefully we can hack the computers to aim for that young blood scum.
shareDepends on if there's a baby in the stroller. 😜🤣
share