Santa Clara University School of Law faculty Robert Peterson published an article, “Assisted Driving is Taking Over,” on Insurance Thought Leadership. The article examines the possible ramifications of public policy surrounding assisted driving features and was featured in Insurance Thought Leadership’s weekly “6 Things” newsletter.
While automatic emergency braking and forward-collision warning are standard in some luxury cars and are available as options in many others, 10 automakers have agreed with the National Highway Traffic Administration and the IIHS to establish a time frame for making assisted driving features standard in all cars.
These are significant developments for insurers and for public policy makers.
For insurers, a 35% decrease in injury claims will result in a significant reduction in premium. This may be offset, at least in part, by an increase in the cost of repair for more sophisticated vehicles and the continuing increase in healthcare costs.
The full article is available at Insurance Thought Leadership’s website.
