Travelers: Use Current Auto Insurance Model for Autonomous Future

July 17, 2018

  • July 18, 2018 at 12:00 pm
    Agent says:
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    So if Travelers has to pay a claim from failure of the sensor leading to the accident, do they subrogate the loss against the manufacturer?

  • July 19, 2018 at 8:08 am
    Adrick says:
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    Travelers really doesn’t consider alternatives to auto insurance model and why should they — auto insurance is their business.

    Travelers briefly considers a product liability model but quickly rejects it. Not really an objective paper that seriously considers alternatives.

    For example, what about a model where people lease AV’s and the lease includes insurance? That’s not traditional, individual, auto insurance, but seems viable.

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