Hyperdrive

Driverless Cars May Cut Traffic Jams, Not Insurance Premiums

  • Coverage seen shifting from individual owners to manufacturers
  • Technology will bring new liabilities, like cyber attacks

Source: the-lightwriter/iStockphoto via Getty Images

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It turns out robots need insurance too.

As driverless vehicles reduce car ownership in coming years, insurers may not face the Armageddon that had been predicted, new research shows.