By Paul Schmitt
Self-driving car technology is here. Many such vehicles are being developed, but as of yet, automated cars on public roads are not yet fully autonomous, according to Wikipedia. As sure as the robotic cars will have an impact on the automobile industry, it will have an even greater effect on the auto insurance providers as well, according to Mike Walston from Robertson Ryan & Associates in Kewaunee. Walston says that day is not too far away.
Walston says the manufacturer would be the one to carry the insurance if some third party or first party accident occurred. The only insurance an individual would need to purchase is comprehensive coverage of your vehicle to cover things like hail damage or theft, according to Walston. The self-driving car technology will more than likely mean young children today will not need a driver’s license by the time they are sixteen.