Tag: Google

Google self-driving car involved in yet another accident

Julie Campbell
Driverless self-driving car Google auto insurance

The vehicle was rear-ended by another driver that had supposedly been driving while distracted. It looks as though the Google self-driving car road tests are not being blessed with all that much luck, as yet another one has now been involved in a crash as it was rear ended by another vehicle while it had been stopped at a red light. Only weeks after being rear ended twice while being stopped at a light, it has now happened again. A few weeks ago, the Google self-driving car made a report…

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Is homeowners insurance Google’s next move, following its Nest announcement?

H. Cutner
google nest cam homeowners insurance

The new security cameras could represent an important new step into this market for the company. There hasn’t been very much news about Nest since Google acquired in for $3.2 million back in January 2014, but now it is being seen as Google’s first step toward a larger homeowners insurance play as the smart gadgets company announces some new devices. Though the company is best known for its “learning thermostat” it is home cameras that are now being watched. Nest has now held its first press conference in order to…

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Google is making a move into the auto insurance sector

Nordstrom
Driverless self-driving car Google auto insurance

Driverless cars could have a major impact on the auto insurance market Self-driving cars are coming and that may change Google’s position in the auto insurance space. Recently, Google launched its insurance rate comparison service in the U.S. Called Google Compare, this service has been operating in the United Kingdom for some time, representing quotes from 124 insurers in the country. The UK government has already approved the testing of driverless vehicles on public roads, but U.S. regulations are still somewhat restrictive. These vehicles could have a significant impact on…

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Self-driving cars could lead to the end of the auto insurance industry

Logan B.
google building auto insurance

Automated vehicles could be a significant risk for insurers, but not in the traditional sense Automated driving could place the auto insurance industry at risk, at least to some degree. Self-driving cars are already a reality, but such vehicles are currently only available for testing purposes. These vehicles are praised as being safer than their conventional counterparts, largely because they are not operated by humans. Human error is the leading cause of most car accidents, and removing people from the driving equation could have a major impact on the auto…

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Google Wallet makes insurance news with FDIC coverage

Julie Campbell
tablet ipad mobile wallet google insurance news

The mobile payments solution from the search engine and tech giant now has government protection. Google Wallet, a smartphone based payment solution has now just become a little bit safer for customers in the United States who would like to ensure that their funds are secure, as there is now insurance news showing that government coverage will be protecting them. The Federal Deposit Insurance Corporation (FDIC) will now be providing coverage to funds held in the mobile wallet. A report recently published by Yahoo Finance announced this insurance news, in…

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