Volvo Announces Self-Driving Car Trial, Self Insurance Too

Self-driving cars may seem a fantastical concept, but they’re close to coming to market and pose very real implications for insurance coverage. However, Volvo have stated that they would assume full liability should any of its cars be involved in an accident while operating in autonomous mode.

Self-driving cars are heralded to reduce the number of accident-related fatalities, as well as alleviate traffic congestion – but they also pose the question of cyber security, as part of the growing “internet of things”.

Read more here, via Insurance Business Online.