By 2035, estimates suggest that 31% of all newly purchased consumer vehicles will have Level 2 or Level 3 self-driving systems installed, with significant growth expected in the next six years. Credit: Lagunov/Adobe Stock
The auto insurance industry is accelerating toward a new era, marked by swift changes in market dynamics, technological advancements, and the emergence of autonomous vehicles.
As insurers grapple with increased loss costs and complex challenges, four key areas stand out as critical to the evolution of the auto insurance market:
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
