In testimony to the U.S. House Subcommittee on Housing and Insurance, CFA Public Affairs Director Jack Gillis explains that the need for adequate, comprehensive and fairly priced insurance will increase with the introduction of autonomous vehicles to American roads. This is not only the case on the personal front, but also on the commercial liability front as vehicle and technology manufacturers assume liability for the performance of their products. It is too early to know the full financial, economic or social impacts of AVs, but insurance coverage will remain an essential protection in the era of driverless vehicles.
