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Whose Insurance Covers an Accident Between Two Autonomous Vehicles?

A Washington Examiner article appeared in my Insurance Journal feed earlier this week raising one of the most interesting questions I’ve seen in a long time and that is, “If two self-driving cars get into an accident, whose insurance covers the damage?” I’m not aware of that happening yet, but it probably will happen. After all, the software that guides these vehicles is still being shaped as both human developers and artificial intelligence, and both are discovering things they may not have considered. There are two scenarios that give us a hint as to the possible answer.

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The Relationship Between Home Insurance, Appraised Tax Value and Mortgage Loan Amount

There are two questions I’m frequently asked, either by home owners or buyers as it relates to the insured value of their home. The first question is about the appraised value of a home as listed in the county appraisal district and the second is about the purchase price and/or loan amount of their home. In both cases, the question is what is the relationship between the amount of insurance they have on their home and either the tax or loan value of their home? Let’s look at all three and contrast them.

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The Car Insurance Rate Impact for a Distracted Driving Ticket

I’ve written several posts on distracted driving and how dangerous it is for both the driver and everyone else on the road. Related topics I’ve written about include the types of things that contribute to driving in a distracted manner such as phone usage, video billboards, electronic systems in most cars, etc. An article recently appeared in The Dallas Morning News and Bloomberg about a recent study that revealed the average car insurance rate increase resulting from a driver being awarded a ticket for distracted driving.

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Car Insurance Answers for Nesters, Boomerangs and Parental Gifts

ver the past three weeks, I’ve been faced with three interesting scenarios involving young adults and how to handle their car insurance. There was the adult who hadn’t left the nest, the boomerang, and the one who’s married and out of their parents’ home but received the gift of a car from the parents. Each presented its own uniqueness in addressing who purchases the car insurance, however there was one commonality that everything hinged on. Let’s look at each one.

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4 Home Insurance Rating Factors That Aren’t Related to Your Home

Last week, I gave a presentation to a group of people on Home Insurance Frequently Asked Questions. It was a delightful time that spurred even more questions from the audience. This gave me the idea to take some of the points and write a series of posts on them, many of which I write about annually. With that as our guide, let’s look at four factors insurance companies use to determine your annual rate that have nothing to do with your home. They do, however, have everything to do with you!

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