Streetsmart insurance Blog
Automakers are not rushing to develop better and better autonomous or self-driving vehicles. These new models will have major changes that society does not understand that much now. Here are some possible impacts of self-driving cars that could change people’s lives dramatically.
Employment Distribution Changes
The cost of self-driving vehicles will be high at first. However, as technology continues to improve, and the costs decrease significantly, the transition to this car will threaten those who are currently working in a traditional car manufacturing company. Calling a taxi will soon use an autonomous vehicle, and long distance trucking will not have driver breaks anymore. Also, it is possible that buses and trains will become autonomous just like some subway systems at present.
Road Safety Changes
Without a doubt, smarter and autonomously operated vehicles will make roads safer. However, in case there is impending danger, you can communicate this to authorities. Thus you can quickly avoid dangerous situations. It is quite impossible to have zero road toll so one should be prepared for new communication strategies with self-driving cars. Expect issues with insurance companies regarding who should be responsible for an accident caused by an autonomous car.
The Efficiency of a Multi-Purpose Vehicle
Currently, 90-95% of the time, traditional vehicles are not operating. However, if people begin using autonomous cars, this is the time that vehicles can begin operating 60-70% of the time. Thus, fewer people will need to own a vehicle. As ZipCar and Autoshare vehicle sharing services are getting more and more popular, then vehicle leases will become popular. Such increases in efficiency will cause a decrease in natural demand for vehicles.
Better Transportation System for the Elderly and Disabled
For people who cannot drive, the self-driving vehicle will be the ultimate solution. The disabled and elderly can only rely on converted taxis. It is now quick and easy for these people to call a self-driving taxi. Many autonomous vehicles will greatly improve the chances of the poor and elderly finding jobs and enjoying pleasurable travels.
Some Final Words
Autonomous vehicles have potentially positive impacts on human society. However, although they make travel and deliveries easier, they come with some complications, especially in terms of accidents. For now, traditional cars are still dependent on insurance policies. If you are using a traditional car now, then you must need auto insurance to give you more peace of mind.
At StreetSmart Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (732) 462-8343 or Click Here to request a free quote.