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Insurance carriers say driverless car data is key to rates

Insurance representatives told California lawmakers last week that access to data generated by autonomous vehicles will be key to their industrys ability to write policies and assess liability in the emerging market.

By Cheryl Miller | Updated on March 14, 2017
Insurers’ data pursuit may also run afoul of California’s voter-approved car insurance law, which prohibits a driver’s home address or driving destinations to be used as primary factors in setting rates. (Photo: iStock)

Insurance representatives told California lawmakers Wednesday that access to data generated by autonomous vehicles will be key to their industry’s ability to write policies and assess liability in the emerging market. Ryan Gammelgard, counsel for State Farm Insurance Company Inc., told the Senate Insurance Committee that underwriters are not seeking information “on every aspect of [a] vehicle.” But they do want data that shows driverless-car technology “actually does what it advertises it’s doing.”

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