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View Poll Results: Will self driving autos kill car insurance?
Of course 44 16.00%
Maybe but not for a long time 200 72.73%
I'm a luddite... 31 11.27%
Voters: 275. You may not vote on this poll

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  #501  
Old 01-25-2016, 01:24 PM
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You're assuming that people will still own their cars, and on the same scale they currently do. It's a lot harder to make the case for owning cars when you can summon a rental when you need it. The logical conclusion of automated cars is personalized mass transit.
I could not disagree with this statement more. As it's been discussed earlier in this thread ad nauseum (why people will still wish to own their own vehicles) I won't re-hash that debate. I can see individual ownership declining a bit (maybe 10-20%) but it's not like the inidividual market is going to disappear.

Even if individuals do cease to own cars... someone owns those cars and that someone will need comprehensive insurance for them.
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  #502  
Old 01-25-2016, 01:30 PM
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You're assuming that people will still own their cars, and on the same scale they currently do. It's a lot harder to make the case for owning cars when you can summon a rental when you need it. The logical conclusion of automated cars is personalized mass transit.
Taxis?
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  #503  
Old 01-25-2016, 02:14 PM
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Yes, but taxis without drivers are cheaper and this used more.
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  #504  
Old 01-25-2016, 02:21 PM
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it will be *at least* 30 more years before human-driven cars are off the road, probably a lot more.
i don't know about 30 years. Flat screen TVs came out 10 years ago, and now just about nobody owns crt screens anymore. and that's 10 years. when a superior product hits the market, people are quick to adopt
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  #505  
Old 01-25-2016, 02:23 PM
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i think people will still drive, but for pleasure. i imagine sports cars would be popular
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  #506  
Old 01-25-2016, 02:25 PM
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Even if individuals do cease to own cars... someone owns those cars and that someone will need comprehensive insurance for them.
this would be a switch to commercial auto, which is a totally different business from personal auto
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  #507  
Old 01-25-2016, 02:29 PM
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Taxis?
Taxis are generally not economically practical to use all the time. But take the driver out of equation, and it all changes dramatically. The variable costs of operating a car will plunge, and splitting the fixed costs among more people will start making far more sense.
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  #508  
Old 01-25-2016, 02:51 PM
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i don't know about 30 years. Flat screen TVs came out 10 years ago, and now just about nobody owns crt screens anymore. and that's 10 years. when a superior product hits the market, people are quick to adopt
A new TV is a lot more affordable than a new car. Not everybody makes actuarial big bucks, you know.
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  #509  
Old 01-25-2016, 03:10 PM
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It's still ten (or five or twenty) years away. Just like it has been for decades.
Have people really been claiming self driving cars are ten years away for decades?
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  #510  
Old 01-25-2016, 03:36 PM
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Have people really been claiming self driving cars are ten years away for decades?
I don't have the link now, but there was an exhibit at a world's fair back around 1939 or '40 that showed self-driving cars as the coming thing in the 60s. That's the basis of my earlier comment in this thread about "20 years from now since before I was born."
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