Automotive Fleet
MenuMENU
SearchSEARCH

Autonomous Vehicles Will Cause Less Accidents with Costlier Repairs, Insurer Says

The adoption of autonomous driving technology will lead to fewer accidents, but the collisions that do occur will likely result in costlier repairs and raise difficult questions relating to driver and manufacturer liability, victim compensation and data collection, The Travelers Institute argues in a new whitepaper.

July 24, 2018
Autonomous Vehicles Will Cause Less Accidents with Costlier Repairs, Insurer Says

The Travelers Institute explores the insurance ramifications of self-driving cars in a new whitepaper.

Photo via Pictures of Money/Flickr.

2 min to read


The adoption of autonomous driving technology will lead to fewer accidents, but the collisions that do occur will likely result in costlier repairs and raise difficult questions relating to driver and manufacturer liability, victim compensation and data collection, The Travelers Institute argues in a new whitepaper.

Ad Loading...

The general risks that come with vehicle ownership, autonomous or not, will also remain, including risks related to weather and theft.

Ad Loading...

The whitepaper outlines the insurer's perspective and recommendations on key public policy issues including roadway safety that are linked to fast-emerging autonomous vehicle technology.

Travelers' believes that self-driving vehicles will ultimately benefit society by reducing the number of accidents, injuries, and lost lives, notes the report. Data gathered in the report suggests that autonomous vehicles are potentially safer than human-operated vehicles.

For example, according to study by the Insurance Institute for Highway Safety, Google's nearly 60 driverless vehicles, which covered more than two million miles, have been involved in fewer than two dozen collisions. None of them were caused by a failure of the autonomous system, according to the whitepaper.

In fact, the insurance industry may eventually see collision rates decline sharply as adoption rises. In a series of 2017 reports on the likely impact of autonomous vehicles on the auto insurance industry, KPMG estimated a 90% reduction in accident frequency by 2050.

While there is potential for improved safety, recent high-profile collisions are a reminder of how much more there is to learn and test regarding self-driving vehicles, according to Travelers.

Ad Loading...

The white paper also offers the following recommendations to facilitate an effective auto insurance system:

  • Develop a model state law relating to autonomous vehicle insurance that builds on the current state-based regulatory and oversight structure.

  • Require vehicle owners — including personal, ride-sharing and company-owned vehicles — to purchase and maintain adequate insurance.

  • Provide for sufficient coverage to account for the more expensive technology used in autonomous vehicles.

  • Establish strong cybersecurity requirements for autonomous vehicles, including appropriate data-sharing protocols.

  • Utilize insurers' extensive consumer communication programs to help educate customers and the public on autonomous vehicle safety.

  • Ensure representation of the insurance industry in policymaking and stakeholder forums.

For more information, read the full whitepaper here.


Related: Insurance and Energy Industries are Embracing the Use of Drones

More Safety

a man driving with a cell phone in his hand.
Safety•by Jeanny Abraham•October 14, 2026

Does Your Fleet's Culture Encourage Distracted Driving?

What happens when the people responsible for enforcing safety rules are the ones setting the wrong example? The answer may reveal why some of the biggest risks to fleet drivers have little to do with what's written in the employee handbook.

Read More →
Motorq Whitepaper Cover - Fleet Managers Ultimate Playbook
Sponsored•October 1, 2026

Fleet Manager’s Ultimate Playbook: Navigating the New Standard in OEM Connectivity

Rising operating costs, driver safety concerns, and unplanned downtime are putting unprecedented pressure on modern fleets. Discover how fleet managers use embedded OEM connectivity and real-time vehicle data to cut TCO, prevent downtime, and protect drivers without aftermarket telematics hardware.

Read More →
An AF news recap thumbnail with a woman pointing at the title "From driver well-being to EV charging"
Safety•by Faith Howell•September 21, 2026

From Driver Well-Being to EV Charging | AF News Recap

Mental health belongs in the fleet safety conversation. This week, we’re looking at five ways fleets can support employee well-being before a crisis, plus Holman’s expansion in Mexico, new one-day Fleet Forward passes, and why EV charging demand is outpacing infrastructure growth.

Read More →
Ad Loading...
Nexar and nauto logos
Safety•by Staff•September 15, 2026

Nexar-Nauto Merger Aims to Give Fleets Better Safety Intelligence Through Larger Driving Dataset

Stefan Heck tells Automotive Fleet that combining more than 10 billion miles of driving history with Nexar's AI models will give fleets deeper insights into driver risk and roadway conditions than either company could provide independently.

Read More →
Two fleet employees talk beside work trucks beneath the words “Mental Health Is Fleet Safety,” highlighting the connection between employee mental health and fleet safety.
Safety•September 15, 2026

Don't Wait for a Crisis: 5 Ways to Build Mental Health Into Your Fleet Safety Program

For Suicide Prevention Month, fleet and safety leaders have an opportunity to put mental health where it belongs: at the center of workplace safety.

Read More →
hands covering toy car with digital widgets surrounding it
Safety•by Chris Brown•September 1, 2026

How Camera Data Can Strengthen a Fleet’s Insurance Renewal

Insights from a commercial insurance carrier and a broker show how fleets can turn video telematic data, driver coaching, and improved claims results into a stronger case at insurance renewal.

Read More →
Ad Loading...
An image to reflect an article on how the safest fleets aren't the ones with the most tech.
Safety•August 11, 2026

The Safest Fleets Aren’t the Ones with the Most Technology

You’ve made the telematics investment. Here’s how to capture the other half of its value and build the safest fleet on the road.

Read More →
Cover of the AgileFleet white paper "Hidden in Plain Sight: Fleet Compliance Risks" with the AgileFleet logo and a photo of fleet vehicles parked outside a government building.
Sponsored•August 7, 2026

Hidden in Plain Sight: Fleet Compliance Risks

Fleet compliance isn't just about having policies — it's about consistently enforcing them. This practical guide reveals six hidden compliance risks common in public sector and shared fleet operations and outlines proven strategies to improve visibility, accountability, and audit readiness

Read More →
conference attendees watching a speaker
Safety•by Staff•August 6, 2026

NETS Sets 2026 Fleet Safety Benchmark Conference for Indianapolis

The Sept. 15–17 program will feature fleet benchmarking data, case studies, emerging technologies, and implementation strategies while running alongside the NSC Safety Congress & Expo.

Read More →
Ad Loading...
NETS crash statistics overlaying an accident photo
Safety•by Chris Brown•August 5, 2026

Off-the-Job Crashes Account for 43% of Employers’ $61.7 Billion Crash Burden

NETS quantifies costs dispersed across fleet, risk, HR, and other departments while providing new per-crash benchmarks for employers.

Read More →