Driverless car or Robo car i think is an amazing idea because its like having the perfect driver. No human being are perfect and make mistakes constantly while at the wheel from road rage, no respecting the motorcyclist, the speed limit. Say goodbye to those people who drive as if they are blind and lack self-control behind the wheel. Also those nasty tickets. No more drunk drivers ending innocent peoples life and their own. accidents are reduced, claims will drop. Google predicts it can eliminate 90% of auto accidents. While this number is hard to believe today, even if the drop is only 25% of today’s level, a $1,000 car insurance policy would drop to $750. What happens to industry revenue including insurance agents’ commissions? This advance will disrupt other industries. If there are fewer accidents, we will need fewer emergency rooms, hospitals, doctors, prescriptions, tow trucks, collision repair shops, and replacement automobiles. How will each of these industries respond? And the need for insurance for each of these industries will be reduced further, affecting insurance agents and carriers.
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