The rollout of driverless cars in the UK could result in “significantly lower” insurance premiums for owners, according to AA Insurance director Simon Douglas.
Speaking to The Drum after the government’s announcement of a review into how the technology could be introduced in the UK, Douglas said practical issues such as insurance needed a “fresh approach” and while premiums would likely be high initially as the new technology rolled out, the longer-term prospects could be better for car owners.
“Driverless cars will need a fresh approach to insurance,” said Douglas. “Motor insurance is based on risk and much of the cost of Read full story ›
Source: The Drum
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