How Self-Driving Cars Will Change Auto Insurance

Entrepreneurs are currently trying to launch new kinds of car insurance companies for the self-driving cars of the future. But the very idea raises questions.

Who, for instance, is liable when a car that is self-directed via algorithms and on-board cameras gets in an accident or kills someone?

Traditional car insurance rates are determined by assessing risk, driver health, competence and car models. And it’s expensive. By some estimates, though, the cost of insurance could drop by 90% once enough self-driving cars are on the road.

And with auto manufacturers like Tesla beginning to sell cars with full self-driving capability, the future of car insurance is set to change forever, right now.

Small-cap winners galore

The big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
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Smarter cryptocurrency investments

The stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.
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