Auto Insurance Market Trends - The average cost of auto insurance in the US tops $2,600 per year [1] - Autonomous technology is expected to cut the number and severity of accidents, potentially lowering premiums [1] - Only about 4% of new personal cars sold by 2035 are expected to be autonomous [3] Impact of Autonomous Technology - Automatic emergency braking reduces rear-end crashes by nearly 50% [3] - Whimo reports its robo taxis had 78% fewer injury crashes and 79% fewer airbag deployment crashes than the average human driver in the same cities [5] - Goldman Sachs analysts project commercial insurance costs for robo taxis could drop from 50 cents a mile today to about 23 cents by 2040 [5] Regulatory and Future Outlook - Multi-year increases in personal auto insurance are expected to stabilize [8] - Fully automated vehicles are considered the "private jets" of the auto industry, potentially shifting claims from personal to commercial lines [13] - Premium changes are highly regulated at the state level, requiring more data and regulator comfort [14] - Liability in accidents involving self-driving vehicles will likely fall on the commercial policy of the entity that owns the car, not the passenger [16][17]