While Google has enough money to invest in making a driverless car but probably they will only make the software. Something like collaborating with major carmakers or lending the software, as Google did with its Android operating system. The Google driverless car is a project by Google that involves developing technology for autonomous cars. Google Chauffer is that software that powers Google's self-driving cars. The project is being led by Google engineer Sebastian Thrun. The former director of the Stanford...
The property and casualty insurance industry derives nearly 40 percent of its premiums from vehicle insurance. So driverless cars, in particular, could put a major dent in the sale of coverage for personal and commercial vehicles. Driverless cars car insurance rate If driverless cars become a reality, and if, as a result, there is a dramatic reduction in the number and severity of vehicle-related accidents. Therefore, there is no doubt it is going to have a major impact on auto insurance. It’s...
