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Without humans to cause accidents, 90% of risk is removed. Insurers are scrambling to prepare.
Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his premiums would rise.
“They quoted me $10,000 a year,” Peate recalled.
Continue reading… “Self-driving cars might kill auto insurance as we know it”
