IIHS Autonomous vehicle risk study criticized by automakers

Autonomous vehicle risk - car crash

The low crash estimates from new research underestimate the tech’s capabilities, say critics. Automakers involved in developing and manufacturing self-driving cars have criticized recent insurance industry research measuring the autonomous vehicle risk of crashes. The study suggested that only about one third of crashes on American roads would be prevented if the cars were driving themselves. The automakers argue that the study doesn’t take into account the full capability of the technology. The research was conducted by the Insurance Institute for Highway Safety (IIHS). It involved an analysis of 5,000…

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Auto insurance for self-driving vehicles is a hot topic in California

Self driving car auto insurance

State regulators are beginning to show more attention to insurance issues involving automaked vehicles Self-driving cars could become more common in the future and this may have an impact on auto insurance. The California Department of Insurance is advising the state’s insurance companies to prepare for the eventual proliferation of automated vehicles. Insurance Commissioner Dave Jones has been gathering data about these vehicles and the technology behind them, hoping that insurers will use this data to adapt more quickly to a future where drivers are a thing of the past.…

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Agents concerned of GM free MetLife insurance offer

Independent insurance agents in the Pacific Northwest have been voicing their apprehension over a promotion made by General Motors that offers auto buyers in the area a year of free MetLife Auto & Home liability and damage coverage.  In an effort to encourage more drivers in Washington and Oregon to purchase new GM vehicles, the auto manufacturer has announced that until September 6, when customers in those two states purchase a new 2010, 211, or 2012 car, crossover, or truck, they would also receive a free year of MetLife Home…

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Looking to boost sales, General Motors offers free insurance for new cars.

General Motors is no stranger to financial troubles. The 2008 recession, whose effects still linger to this day, took a heavy toll on the auto maker. The company was forced to shut down several factories, lay off thousands of workers and discontinue some of their models. Recovering from the recession has been no small feat for the world’s businesses, but the auto industry has had a particularly rough time of it, due mainly to the additional expenses that come with purchasing a vehicle. In an effort to boost sales, GM…

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Mileage tracking feature in the future for OnStar

OnStar will include mileage tracking as part of their service in the near future. Talks have begun regarding this addition. According to President, Chris Preuss, OnStar hopes to use this service as a way to offer insurance discounts to subscribers. The addition of insurance discounts for subscribers is complex. This is because each state’s insurance procedures are different. What might be allowed in one state would not work in another. Preuss feels that with OnStar’s tracking ability, there may be a way to help consumers get even better insurance discounts.…

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