FloridaDriversLicenses.org Articles

LOWERING AUTO INSURANCE RATES IN THE FUTURE

If by switching to a self-driving car, you could reduce your auto insurance rate by maximum of 80 percent, would you? According to a recent survey, nine out of 10 people would trade a car they control themselves for one controlled by a computer. However, the consumer attraction toward a self-driving car is founded almost entirely on the possible auto insurance savings consumer confidence in self-driving cars is not nearly as consensual.

Two percent of that same sample surveyed indicated that they believe humans drive cars with more awareness and expertise than a computer can. So there is an obvious tradeoff between a desire to decrease auto insurance rates and an aversion toward self-driving cars. And resolving a tradeoff presupposes a weighing of benefits and drawbacks. So what are the perks of these cars? What are the knocks on them?

A survey conducted by the Eno Center for Transportation reflects that self-driving cars can navigate roads better than drivers. Their study showed that 90 percent of traffic accidents were due to operator errors not deficiencies in the vehicles themselves. This study puts forth that if 90 percent of the vehicles in the U.S. were self-automated, almost 22,000 lives could be spared and $450 billion dollars saved annually. So can these findings be put into practice? The answer seems to be yes. Nevada and California enacted laws to allow the licensing of self-driving cars. New York has started a pilot program testing the cars including and decisions are pending on the matter in Michigan, New Jersey and Washington D.C. As self-driving cars have been in development since the 1950s, errors have been corrected, and while they may not soon replace vehicles that require a driver, they are still considered a viable means of transportation, perhaps even safer than the cars we drive ourselves.