Driverless Cars Will Change Auto Insurance. Here’s How Insurers Can Adapt
Harvard Business
DECEMBER 5, 2017
Our forecast shows that the drop in individual premiums – due both to decreased private ownership vehicles and to safer vehicles — will begin in 2026, as large numbers of autonomous vehicles begin to appear, and could be as much as a $25 billion loss for insurers by 2035. This is significant for a roughly $200 billion market.
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