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follow the latest progress in “car insurance” from different sites to most famous technicals /Priyanka Shrestha by 2017-01-11 at 6:49
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Energy Live News – Energy Made Easy – Government’s plans for driverless car insurance
– Government’s plans for driverless car insuranceImage: ShutterstockThe government has proposed to change the compulsory motor vehicle insurance to include the use of automated vehicles (AVs).Following a consultation on driverless cars, the Department for Transport (DfT) said it will make “minimum legislative changes” required to enable the market to develop appropriate AV insurance products.It believes the single insurer model would protect victims where an AV causes a crash in automated mode.
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Government announces plans for driverless car insurance
– The Department for Transport has proposed to change the UK’s compulsory motor insurance framework to include the use of automated vehicles (AVs), which are expected to reach the market in five to 10 years.Responding to the consultation on driverless cars, the government said it will make the minimum legislative changes required to enable the market to develop appropriate insurance products for AVs.The government is proposing to extend compulsory motor insurance to driverless cars and establish a single insurer model, where an insurance company covers both the driver’s use of the vehicle and the AV technology.According to the government, the single insurer model would ensure that motorists are covered both when they are driving and when they have activated the automated driving function (ADF).Under the proposed model, a victim would be able to claim from the insurer in the event of a collision while the ADF was active.When a crash is determined to have been caused by an AV where the ADF was active, the insurer would be liable to pay compensation to an injured motorist and third party victim.The insurer will not be liable if the crashresulted from unauthorised modifications made by the motorist to the vehicle’s operating system or from failure to install required software updates.The insurer will not be able to exclude payment of compensation to a victim if the AV caused the crashas a result of it being hacked.“Our new proposal offers flexibility for industryto make their own decisions as to the insurance products they wish to offer and the arrangements reached between insurers and manufacturers within a framework that offers security to motorists and which will support a functioning market for automated vehicles,” the government said.The Secretary of State would be given the power to publish a list of cars or vehicle types to be classified as AVs.The government’s insurance proposals for driverless cars will be taken forward into the Modern Transport Bill, which is due to enter the Houses of Parliament this year.
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Industry hails government plans on driverless car insurance, whiplash reforms
– The Association of British Insurers (ABI) has welcomed the government’s plan for driverless car insurance and its proposed reforms for the whiplash claims process.The industrybody praised the government for echoing proposals to extend the UK’s compulsory motor insurance to include the use of automated vehicles.“It’s good to see the government adopting the insurance industry’s proposals to keep motor insurance as straightforward as possible for customers in a world of increasingly automated vehicles,” said Ben Howarth, ABI senior policy adviser on motor and liability.Howarth said the ABI is expecting to see more details in the Modern Transport Bill.He also assured that insurers will continue to help the government work through various challenges arising from driverless cars.“Automated vehicles have the potential to revolutionise our transport systems and dramatically improve road safety, but it’s right the insurance system is developed in parallel to give motorists confidence in using them,” Howarth said.The ABI also expressed support for the government’s proposed whiplash reforms, which include plans to limit compensation for minor soft tissue injuries.The trade association is also backing proposals to raise the small claims track limit for road traffic accident claims from £1,000 to £5,000.“These measures are needed so that compensation for minor injuries is not at a level that encourages a compensation culture to thrive,” said Rob Cummings, ABI head of motor and liability.“Limiting compensation for minor injuries and increasing the small claims limit should balance the interests of those claiming with those of the far greater number of insurance-paying motorists,” Cummings added.Cummings said the proposed whiplash reforms must be implemented as a package and in full to help reduce pressure on motor premiums.
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