Automated Cars Impact Insurance Profits

Auto insurers have been on the forefront of pushing for safer cars. Features like seatbelts, air bags, anti-lock brakes and more became standard on cars because they reduced injuries and accidents, reducing insurance company payouts. But technology is moving way behind those basic features, increasing safety and lowering insurance company revenues.

Backup sensors, backup cameras and lane change sensors are all driver-assist technologies leading the cars down the path towards automated driving. Some cars can already parallel park themselves. While the driver is still in control of the gas pedal, the car’s sensors find the parking spot and turn the wheel to get the car in place. Other cars automatically brake if the sensors indicate a potential collision. As these enhanced safety features become standard on more makes and models, they will also impact insurers. Increased safety reduces accidents and injuries which means reduced premiums for drivers and revenues for insurance companies.

Beyond self-parking and automatic braking, fully automated cars are now being tested on the road. Once they become cleared for use, the driverless cars will completely change the auto insurance industry. Self-driving cars do not get distracted by cell phones or drive aggressively. Driverless cars do not speed. Removing the human error factor will reduce many accidents, injuries and traffic fatalities putting tremendous downward pressure on insurance premiums.

Many auto insurers recognize this coming revolution and are exploring alternate business models in response. Accidents will still happen, even if they occur at a reduced rate. Who is liable if an automated car is in an accident? The answer to this liability question could help auto insurers gain revenue. While car owners’ rates will be low, automakers will have to increase insurance coverage as more driving responsibility is shifted to the car.

Increased car automation will potential affect how auto insurers handle accident claims. This can be especially true when one car in an accident has more of the automated safety features than the other. Automated features are not infallible but sometimes the auto insurance company may not see it that way. As insurers react to changes in car technology, accident victims need to be sure and consult an experienced car accident attorney.

Automated cars are already affecting insurers’ profits and how they respond to accidents. Auto insurers are looking at places to expand market share and cut expenses even as increased car safety causes drivers’ premiums to fall. If you’ve been in an accident, product your rights and follow this link to find an experienced car accident attorney in Jacksonville.

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Justice Department looks to sharpen computer crime law

FILE – In this July 1, 2014, file photo, with his mother Elizabeth Valle by his side, GIlberto Valle, left, makes a short statement to the assembled media as he leaves Manhattan federal court in New York. It’s clearly illegal to hack into someone else’s computer network and steal information from it….read more

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Three Reasons To Hire A Personal Injury Attorney

personal injury attorney in Wilmington

After a car accident, there are many things to consider. If you have been injured in the crash, then it is important to hire a professional in the personal injury field. There are many reasons why this is a smart decision, and how it can help you immensely in the long run.

1. Take the right course of action.

Hiring a personal injury lawyer will help you make all the right moves after an accident. In order to properly navigate the complicated landscape of the legal world, it is crucial to have someone guiding you along with your best interests in mind.

2. Save money in the long run

The expenses of hiring an attorney are trumped by the expenses that can be incurred without one. A wrong move, or incomplete information, can result in you losing a case that you had the right to win, resulting in crushing fees and fines.

3. Get what you deserve

A professional will help you to get exactly what you need. Your personal injury attorney will assess your situation, the damages both physical and financial, and then assist you in being properly compensated for all that you have endured.

When it comes time to hire a personal injury attorney in Wilmington, you need to find one you can trust. Visit this website and learn how you can be protected after an accident.

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How to Get Compensated from a Car Accident

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Did you get into an accident and want to make certain you receive what the incident is actually worth? Hiring an attorney familiar with car accidents is the best way to get compensated for repairs, medical bills, and lost wages.

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14 years after Sept. 11 attacks, families of victims and others await justice

Fourteen years after the September 11, 2001 terrorist attacks, the legal system is still dealing with those alleged to be responsible for the hijacked commercial airlines that crashed…read more

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Don’t Get Wrecked Twice By A Truck Accident

truck accident lawyer in Wilmington

Car accidents are traumatic. Colliding with a truck or other commercial vehicle while riding in a passenger vehicle can be even more upsetting and damaging. There are two key points you need to know about how truck accidents differ than accidents between two cars.

Placing Blame

The trucking company’s insurance company is out to protect the interests of its client, regardless of blame. If the truck accident occurs in a contributory negligence state, for example North Carolina, an accident victim who is found even one percent responsible for the accident cannot collect any compensation under the trucking company’s commercial vehicle liability policy. If you are in an accident with a truck or other commercial vehicle, it is imperative that you seek legal counsel.

Compounded Injuries

Accidents between two vehicles of similar size can be hazardous enough. The added force of a loaded truck striking a passenger vehicle can cause serious and lasting physical harm to the passengers. Serious injuries mean expensive medical care. Those injuries can also leave permanent scars. With the trucking company’s insurance attorneys only looking out for their client, accident victims can be left with permanent financial as well as physical harm.

If you have been in an accident with a truck or similar commercial vehicle, don’t speak to anyone without first getting legal advice. Follow this link to reach a knowledgeable, assertive truck accident lawyer in Wilmington.

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Medical pot bill would legitimize multibillion-dollar industry

Nearly two decades after California voters became the first in the country to legalize the medicinal use of marijuana, state legislators finally agreed to a regulatory structure for how the largely underground, multibillion-dollar industry should operate….read more

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