BIBA Comment on the Autonomous and Electric Vehicle Bill gaining Royal Assent

19th July 2018

Commenting on the day that the Autonomous and Electric Vehicle Bill gained Royal Assent, Graeme Trudgill, Executive Director at BIBA said:

“We’re pleased that the Bill has now been enacted. This legislation will enable the insurance industry to offer insurance policies that will provide cover for autonomous vehicles – whether being driven in a manual mode, or in a fully automated mode once the technology allows. Importantly this will lead to healthy competition in the insurance market as consumers will have the choice of where they buy their insurance and will not be tied to only having cover provided by their vehicle manufacturer.”

 

“It’s important that we are prepared well in advance of fully automated vehicles hitting the road and we welcome the opportunity that the Department for Transport has given to BIBA in being able to shape the legislation at an early stage.”

In its 2018 Manifesto BIBA had called for the relevant Bill to ensure competition provided choice in the purchase of motor insurance.

 

See our manifesto calls for action here

 

ENDS