Driverless Cars Will Fuel Surge In Product Liability Coverage
By Jeff Sistrunk (August 5, 2016, 5:02 PM EDT) -- As advances in autonomous car technology further remove humans from the equation, liability for accidents will shift away from drivers and toward the manufacturers of driverless vehicles and their hardware and software systems, a trend that experts say will lead to a surge in demand for product liability insurance.
A fatal accident in May involving a Tesla Model S equipped with partially autonomous braking and steering features has raised questions in the legal community about who will be held liable for crashes involving self-driving cars. Tesla has said that neither the Model S autopilot system nor the car's driver applied the...
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