MEDIA ADVISORY: I.I.I. Can Offer Insights on Insurance Issues Raised By Development of Driverless Vehicles for U.S. Roadways

FOR IMMEDIATE RELEASE
New York Press Office: (212) 346-5500; media@iii.org
 
NEW YORK, November 19, 2013 — Reporters covering today’s U.S. House hearing on driverless cars, and seeking additional insights on the insurance repercussions of this technology, can contact the Insurance Information Institute (I.I.I.) for subject matter experts and analysis.
 
The U.S. House of Representatives’ subcommittee on Highways and Transit is convening on Tuesday, November 19, 2013, at 10 a.m., in 2167 Rayburn House Office Building, Washington, D.C. to discuss “How Autonomous Vehicles Will Shape the Future of Surface Transportation.”
 

Autonomous vehicles are “capable of navigating the road without human input by sensing their environment through electronic sensors and computer software algorithms,” the U.S. House subcommittee’s hearing notice stated.

“The cost of auto insurance is built around two things—the frequency of auto accidents, and their expense,” said Dr. Robert Hartwig, president of the I.I.I. and an economist. “If self-driving cars become more of a reality on our roads, it is going to have a major impact on auto insurance.”

Additional I.I.I. resources on the topic of auto insurance:

 
The I.I.I.’s free mobile apps can help you create a disaster plan, learn about selecting the right insurance for your needs and budget, and create and maintain a home inventory. Learn more about our suite of apps here.
 
The I.I.I. has a full library of educational videos on its You Tube Channel.
 
 

THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.

Insurance Information Institute, 110 William Street, New York, NY 10038; (212) 346-5500; www.iii.org 

 

 

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