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Insurance Law

Northwestern University Law Review

2015

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Splitting The Bill: Creating A National Car Insurance Fund To Pay For Accidents In Autonomous Vehicles, Carrie Schroll Apr 2015

Splitting The Bill: Creating A National Car Insurance Fund To Pay For Accidents In Autonomous Vehicles, Carrie Schroll

Northwestern University Law Review

While self-driving cars may seem like something that can exist only in a futuristic movie, the technology is developing rapidly, and many states already allow test runs of self-driving cars on state roads. Many car companies have announced that they will make self-driving cars available as early as 2020. However, several manufacturers of the self- driving car technology predict that personal ownership of vehicles will be replaced by a car-sharing system, where companies own the self-driving cars and rent them to consumers who pay per use. With more widespread introduction of this technology comes many questions about how to assess …