Waymo Is Figuring Out How To Insure Self-Driving Cars

Waymo Is Figuring Out How To Insure Self-Driving Cars
Automotive

As self-driving cars become more of a reality, Waymo is forming partnerships to insure them

Jiwon Kim
  • 5 january 2018

Waymo, the self-driving tech company that branched off from Google, recently got residents in Phoenix, Arizona to try out their autonomous vehicles and comment on their experiences. Now, the company is trying to figure out how insurance will work in a self-driving future.

Waymo is working with insurance startup Trov to figure out how Waymo’s passengers can be insured in case of any damaged property and any medical expenses that need to be covered. In an interesting twist, detailed information on what this coverage is exactly will not be revealed to riders but simply comes as part of choosing the self-driving package.

This partnership is one indication that as self-driving technology continues to improve and expand, more business opportunities will open up for new and old players.

Waymo | Trov

Waymo, the self-driving tech company that branched off from Google, recently got residents in Phoenix, Arizona to try out their autonomous vehicles and comment on their experiences. Now, the company is trying to figure out how insurance will work in a self-driving future.

+Automotive
+autonomous vehicles
+financial services
+Google
+insurance
+retail
+technology
+USA
+waymo
+work

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