From Google to Delphi, autonomous cars, or self-driving cars are being tested in record numbers. Once a futuristic idea, it looks like self-driving cars are here to stay.
For business owners, the advent of autonomous cars may make you wonder whether investing in a car that drives by itself is a good business idea. On the surface, self-driving cars would help you free up resources. Instead of having your employees drive your company cars to conduct business, you could purchase a fleet of autonomous cars to conduct business. But, how would that affect your business insurance? Are self-driving cars cost-effective for your business?
Although there is a lot to consider before taking the leap and purchasing a self-driving vehicle, the following …show more content…
From cell phone conversations to external distractions, many drivers wreck their company’s cars because they weren’t focused on the road.
Self-driving cars completely eliminate this problem because the computer driving your business car will not lose focus on the road. In fact, these cars constantly monitor the road and adjust to driving hazards nearly instantaneously. As a result, your business reduces liability exposure, which can ultimately decrease the cost of commercial auto insurance.
Autonomous Cars Won’t Speed and Increase the Chances of an Accidents
The second main cause for accidents on highways is speeding. Most people can admit to speeding at one point in time. Speeding reduces a person’s ability to respond appropriately, which increases the chances of being involved in an accident.
Self-driving cars don’t speed. As a matter of fact, Google’s self-driving car drives under the posted speed limit. Although some may argue that driving under the speed limit may cause an accident, driving slower allows your computer-driven car to respond to driving risks quicker.
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