The world has evolved (with continuity) and every economic sector has been filled up with high-tech equipments and similar practices. The inception of self driving cars would be a horrible dream for drive loving people as like it would mean “no-steering” for controlling, free from car parking tensions, traveling with a couple of beer packs from office to home. These however will not be the key concerns as these features will surely give the sight of relief to the people. However, the absence of imperfect drivers will certainly create trouble for car insurance companies! Mind the driving lessons?!?
The driverless driving policies are another incredible phase, as the legislatives are likely to be focused on the car’s manufacturing date and model number instead of how frequently he drives or driver’s tales for accidents. The manufacturers are also looking add a special feature named black box in the driverless cars similar to those placed in aircrafts for tracking car locations and decode all the conversations gone off before few seconds (if ever the problems occur).
Other faces of probability: A No-fault insurance policy in which the insurance companies will be liable to accept the damage claims despite of the blaming game. This sort of insurance has fueled up in recent years and the medical claims have raised in-spite of the hope for deficiency in litigation costs.
Nevertheless, it is quiet difficult to pass the statement as to which direction the car insurance will set out, but the car owners will also meet other expenses in the case of prospective invention which will turn the price genie on. For instance, professional mechanics, expensive parts and repairing instances might raise the cost in the end.
