Insurance Coverage for Driverless Cars
Posted on Jun 29, 2016 in Insurance Developments and Trends, Technology Impacting Auto Insurance | Comments Off on Insurance Coverage for Driverless Cars
Who is liable for accidents involving autonomous vehicles? At least one insurance company in Britain is now offering an auto policy that will cover autonomous and partly automated vehicles. The policy covers accidents caused by malfunctions in the car’s driverless systems, as well as cyberattacks on the operating system. According to news articles, the policy covers accidents in which the driver failed to use the manual override to prevent the accident and cars that have not been updated to the latest software. The policy is not available in the United States, but insurers and others will undoubtedly be keeping an eye on the British experience.
