If two self-driving cars get into an accident, whose insurance covers the damage?
Tempe Police Department/AP
- 94% of accidents are blamed on human mistakes, according to the National Highway Traffic Safety Administration.
- This is one of the many reasons that technology embraces the self-driving car: accident prevention.
- But a common problem facing our future is determining what happens if two autonomous cars collide, and who will claim responsible for the damage.
- It's thought that insurance companies will begin to capitalize on these issues while automakers will subsequently take on more responsibility.
Here's a brain-teaser: If two self-driving cars collide, who has to pay for repairs?
The answer isn't necessarily as simple as determining who hit whom, a common factor in determining liability when human drivers are behind the wheel. Theoretically, if computers are controlling both vehicles, they're making optimum decisions in every situation and following all applicable traffic laws, a conundrum that might eventually upend the existing auto-insurance system, the largest piece of the U.S. property and casualty market, with about $230 billion in premiums.See the rest of the story at Business Insider
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