09
Oct
Autonomous vehicles have the potential to significantly impact the car insurance industry. As self-driving technology progresses and becomes more prevalent on the roads, there are several emerging trends in car insurance that are worth considering. Shifting Liability: With autonomous vehicles, the liability for accidents and damages may shift from the driver to the manufacturer, software developer, or other involved parties. As a result, the traditional model of individual driver-based insurance policies may evolve into product liability policies that cover manufacturers and technology providers. Risk Reduction: Autonomous vehicles have the potential to reduce the number of accidents on the roads. According…