Insurance Coverage for Self-Driving Cars in Japan
Posted on Nov 16, 2016 in Insurance Developments and Trends, Technology Impacting Auto Insurance | Comments Off on Insurance Coverage for Self-Driving Cars in Japan
A Japanese insurance company will begin offering coverage for accidents involving self-driving vehicles next year. Tokio Marine & Nichido Fire Insurance will provide coverage for vehicles that have automated systems controlling acceleration, steering, or braking, as well as for vehicles that are autonomous enough to require driver input only in emergencies. (The coverage will not extend to fully autonomous vehicles.) The company will pay for injuries caused even if the driver is not at fault, whether because the automated systems caused the accident or because causation is unclear. It is likely that other Japanese insurers will follow suit.
