The Future of Auto Insurance and Technological Change

This chapter explores the transformative effects of autonomous vehicles on the auto insurance industry, shifting from human driver-based models to product liability frameworks. It delves into the complexities of predicting insurance trends amidst advancements in technology, discussing both the potential for reduced accidents and increased repair costs. The conversation reflects on broader societal changes driven by technological progress, touching on the dual nature of innovation and its unpredictable impact on the insurance landscape.