How will autonomous vehicles affect insurance?
An example of an AI chatbot conversation about the impact of autonomous vehicles on insurance.
How will autonomous vehicles change the insurance industry?
Autonomous vehicles are expected to significantly reduce accidents, which could lead to lower insurance premiums.
What types of insurance will be most affected?
Liability insurance will likely see the biggest changes, as manufacturers may take on more responsibility for accidents.
Will personal car insurance still be necessary?
It may evolve, but personal car insurance could still be relevant for non-autonomous vehicles and personal liability.
How will claims processes change with autonomous vehicles?
Claims processes may become more streamlined with data from vehicles, making it easier to assess fault and damages.
Are there any new insurance products being developed for autonomous vehicles?
Yes, insurers are exploring new products like usage-based insurance and coverage for software malfunctions.
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