I had an interesting discussion with Lee Fogle a year ago who was them at Exigen. We talked broadly about some of the key trends in car insurance and it began to dawn what a different landscape we will have in this regard if driverless cars become the norm. Sure you can still have accidents, but now it will be the fault of the car software, not the hapless human driver.
This should leave insurance costs rapidly trending downwards. For example, there’s no reason why folks in New York shouldn’t pay the same rates as those in Idaho. Frankly, i’m surprised this didn’t come up as an example as this great article in the UK Telegraph:
Oh, and if you want to hear Lee share his thoughts, check out this video: http://youtu.be/Q9oDYX28Ceg