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  1. Car Safety Systems Increase Insurance Costs

    General Motors and General Automotive Topics
    Seems counterintuitive, but advanced safety features can actually increase insurance costs. That's because when such cars do get in crashes, the repairs are more expensive — thanks to the suite of sensors and computers that make these features possible. Everything from bumpers, headlights, and...
  2. Warren Buffett: AV's will hurt insurers

    Autonomous Vehicle Technology
    If autonomous vehicles prove to be safer than regular cars, insurance costs will plummet, and by the time roads are filled with self-driving cars, insurers like Geico will have taken a serious hit, the Berkshire Hathaway chief said. Berkshire Hathaway Homestate Companies offers commercial auto...
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