Auto Insurance: More No-Fault, Vehicles Driving Themselves Etc.

Posted on in Auto Insurance

The auto insurance no-fault saga continues (you may have noticed I’ve mentioned it in Florida a couple of times recently) this time in Michigan. There is a group suing to have information made available to the public concerning a non-profit organization that charges a fee to car insurance policy holders to fund related health and loss of income payments. It appears the groups feels that they don’t like changes being proposed by law makers. Read the story by The Detroit News by going here.  This no fault program seems quite expensive and I’m not sure what the issue with releasing this info might be.  Is it a question that releasing it will hold up reform?  In any case seems like law makers may have a hard time getting done what needs to be with no fault.

 

Over in Texas there is a woman that tried to get her automobile out of impound by furnishing a counterfeit car insurance card.  Hmmm not sure how she thought she would get away with doing this especially because of the reason the car was in there in the first place which can be seen at valleycentral.com by navigation here.

 

A vehicle that drives itself?  Apparently this idea is being explored seriously and could appear on roads in the next 15 years.  Check the story by CNET over here.  Wonder how auto insurance companies might react to this.  One might think that if it improves safety as human error risks could be cut down (excessive speeding and road rage) it would feasibly lead to lower premiums.  In any case it should be interesting how the concept will be developed in the future.

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