Auto insurance fraud may be put to rest by driverless vehicles

Auto Insurance

Driverless cars could be a powerful weapon against auto insurance fraud Auto insurance remains a problematic issue throughout the U.S. Fraud is quite common in this sector, especially in states like New York and Florida, and modern efforts to combat fraud on a legislative level have proven fruitless. The prevalence of fraud is causing auto insurance costs to skyrocket throughout the country, putting more pressure on lawmakers to find a way to crack down on fraud before costs begin to spiral out of control. The solution may be as simple…

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Insurance industry giving more vehicles a top safety rating

According to the Insurance Institute for Highway Safety’s vehicle tests for the 2012 models, a tremendous 115 achieved the “Top Safety Pick” rating. This was the case even for the 2012 vehicle base models, as they must now include electronic stability control, antilock brakes, multiple airbags, and a tire pressure sensor monitor. The more expensive models included additional safety features such as blind-spot warning alerts and lights, and backup cameras. As a result, deaths from traffic incidents are declining. According to data from the U.S. Department of Transportation, in 2010,…

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