Interesting angle on insurance industry

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Euler
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Location: Bet Angel HQ

Can the insurance industry survive driverless cars?

http://www.bloomberg.com/news/articles/ ... less-cars-
staker72
Posts: 51
Joined: Wed Feb 17, 2010 9:08 am

doubtless put pressure on some but there will still be accidents, not all damage is driving related and cars will still get stolen and so on.
They will probably find other things we 'need' and I suspect automatics will tend to just stop if there is any tiny thing wrong so there's a market there. I would be more worried for bodyshops, Garages are fast becoming semi obsolte with longer service intervals and improved reliability. If cars stop crashing they won't need fixing either.
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