Imagine: No More Auto Insurance Premiums

Two new studies show that the embrace of existing technologies, such as telematics, could soon have a dramatic effect on the insurance industry.

May 10, 2012

Chris McMahon

There’s no question that driving is getting safer. Collision avoidance and other safety features in automobiles are becoming more sophisticated and ubiquitous, having worked their way down from high-end luxury vehicles to family sedans and subcompacts. Now automated traffic law enforcement and telematics could further reduce fatalities and insured losses, and the promise of Google’s self-driving car could remove driver error as the primary cause of collisions and injuries.

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