The data coming out from an independent study of Waymo autonomous vehicles is, frankly, amazing. Swiss Re, one of the largest global insurance firms based out of Zürich, reports that 25.3 million fully autonomous miles drive by Waymo vehicles resulted in a 92% reduction in car crash injuries.
In plain English, Waymo self-driving tech is 12.5x safer than human drivers.
Let’s dig into what that means!
No dude. If you live in a high crime city your insurance is going to cost more than if you live in an affluent gated community. Because the risk of theft or vandalism or damage is just greater. I’m not saying that’s right or wrong, it’s just a fact. But maybe facts don’t belong in this fantasy session about how we all wished insurance worked.
Sorry, was this a reply to my post?
I got a bit lost.
Also, in the first and second world countries we don’t have crime-area based pricing tables, only like natural disasters, but I’ve never heard about it applied to car insurance (tho it’s def possible, but they wound need to be less detailed).
Yes it was a reply to you. I’m saying that all of these ideas about how “self driving cars take the human driver out of the picture, therefore everyone’s insurance should be the same” ignore the fact that the safety record of the human driver is only one of the risk factors that determines your car insurance cost. The other risk factors are unaffected by whether your car drives itself.
That depends on the market conventions I think.
From a few European countries that I vaguely know about car insurance pricing it just depends on drivers age and/or that persons past claim events.
But anyway, I wasn’t commenting on the contrary, just that a self-driving car (like that combo of hardware and software versions) should behave comparably in regards to the safety it can control.
Eg that a user couldn’t make a self-driving car drive in unsafe conditions.