Reply to post: Re: Insurance premiums

Ford announces plans for mass production of self-driving cars by 2021

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Re: Insurance premiums

Insurance premiums are not going to increase for human-driven cars. 1) A lot of your insurance premium is used to pay for the risk to you from all the crazies on the road with you in their sights, so if driverless cars REALLY are safer, then your insurance premium will probably go down as a result. 2) Driverless cars don't vote, but drivers do, and in most places in the U.S. the state insurance commissioner is an elected position. If someone starts jacking up insurance rates to artificially push driverless cars, I project a great political future for politicians willing to take the contrarian position.

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