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Princeton Professor says Insurance companies will push autonomous cars

Techstination feature for Friday, July 17, 2015

What will push you into a car that drives itself?  It may be your insurance company.   I’m Fred Fishkin with technology BootCamp, a report on gadgets and gear.   Cars that can drive themselves…or autonomous vehicles…are already here…being tested by Google and others…and car makers are promising to have them available in the not too distant future.   The sensors and cameras needed are already being put to use to make cars safer.  At Princeton University,  Dr. Alain Kornhauser is faculty chair of Autonomous Vehicle Engineering.   And he says economics will be the driving force behind adoption of the technology…

“In other words, if you buy a car without it, the insurance company expects you to crash and cost them so much.   But with the technology, your expectations are to crash less.”

Insurers will make more and your premiums will likely drop too.  Dr. Kornhauser adds…lawyers, MRI machines and body shops will lose business.  You can find us at BootCamp.com.   I’m Fred Fishkin.

Categories: Consumer Electronics