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How some insurers will survive driverless cars

New insurance will have to address previously unseen risks and assets.

By Jeff Wargin | Updated on November 21, 2017
Regardless of who is in the driver's seat, autonomous vehicles will still need insurance. (Photo: Shutterstock)

There are dozens of examples in both personal and commercial lines like boilers, furnaces and other machines outfitted with sensors, connectivity and Internet of Things attributes, but few are as SEO-friendly as driverless cars, so that’s what we’ll address here.

The one thing all of these examples share is that they create what we call “non-approximated data.” If that catches on as a buzzword, remember that you heard it here first.

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