Re:Self-driving truck convoy completes its first major journ...
by nthot on Saturday April 09, 2016 @12:51PM
(#11462025)
Insurance premiums are a function of losses. Automated trucks will reduce losses and reduce premium. It's not going to just reduce drivers, it's going to put a dent in the insurance industry. Companies like Geico could lose 40% of premium according to a KPMG report I can't link to because I'm on my cell.
This could also affect the amount of capital available to the economy as insurance companies invest their premiums.
This could also affect the amount of capital available to the economy as insurance companies invest their premiums.