Comment Re:Insurance rates (Score 4, Informative) 239
There in principle cannot be a car insurance market if cars don't crash anymore.
In the past 15 years, I have invoked my car insurance three times, and haven't had a single accident in that time.
Insurance covers more than just liability - It covers a small rock falling from a dump-truck and breaking your windshield; it covers your car getting stolen; some policies even act as a sort of extended warranty, covering repair or replacement costs in the event of a breakdown.
And, even with a hypothetically "perfect" driver, some accidents will still happen - Front tire blowout at 75MPH in dense traffic, deer running from the woods into the road 10ft in front of you, construction debris falling from an overpass, etc. Driverless cars will probably handle these events better than live humans do, but such events will still happen.
All of that said, I would love for you to have it 100% correct, because I fucking loathe insurance companies, and deeply resent the government forcing me to pay them in order to drive. I just don't realistically see it happening.
In the past 15 years, I have invoked my car insurance three times, and haven't had a single accident in that time.
Insurance covers more than just liability - It covers a small rock falling from a dump-truck and breaking your windshield; it covers your car getting stolen; some policies even act as a sort of extended warranty, covering repair or replacement costs in the event of a breakdown.
And, even with a hypothetically "perfect" driver, some accidents will still happen - Front tire blowout at 75MPH in dense traffic, deer running from the woods into the road 10ft in front of you, construction debris falling from an overpass, etc. Driverless cars will probably handle these events better than live humans do, but such events will still happen.
All of that said, I would love for you to have it 100% correct, because I fucking loathe insurance companies, and deeply resent the government forcing me to pay them in order to drive. I just don't realistically see it happening.