Autonomous vehicles have the potential to dramatically improve road safety and mobility.
They require an innovative approach to insurance protection, covering the traditional elements of motor insurance, and also product liability while in full autonomous mode to ensure that those involved in collisions are compensated promptly and fairly. BIBA has been in close dialogue with the Department for Transport and formed a sub-committee of its Motor Insurance Panel to consider
issues surrounding insurance for autonomous vehicles.
Andrew Jones MP, Transport Minister
Over the next few years advances in driverless vehicle technology will have a profound effect on transport, with the potential to deliver even safer roads and improve people’s journeys.
The Government is determined that Britain leads the way globally in embracing its safe development and have consulted with the
insurance industry and the public so that these vehicles can be insured properly. We look forward
to working with BIBA to help deliver a new motor insurance model for automated vehicles.”