Tag: Insurance
![Self-driving cars: What will 90% fewer accidents accidents do to insurers? Self-driving cars: What will 90% fewer accidents accidents do to insurers?](https://www.myparkingsign.com/blog/wp-content/uploads/Google-self-driving-car.jpg)
Self-driving cars: What will 90% fewer accidents accidents do to insurers?
Human drivers are responsible for the vast majority of car accidents. A recent McKinsey study on self-driving cars is bad news for insurance, companies, it’s good news for just about everyone else. The research firm predicts that autonomous vehicles could eliminate around 90% of all automobile accidents in the U.S., saving thousands of lives and preventing up to $190 […]
![How ridesharing and carsharing insurance works How ridesharing and carsharing insurance works](https://www.myparkingsign.com/blog/wp-content/uploads/Car2go-sign-150x150.jpg)
How ridesharing and carsharing insurance works
Carshare and rideshare companies aren’t just changing the way people get around; they’re forcing changes in how auto insurance operates. Geico has begun offering a commercial insurance policy tailored for Uber, Sidecar and Lyft drivers in the state of Virginia. A source explained to BuzzFeed: “It is a year-long commercial auto policy… but like any of […]