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More than half of MPs unsure how driverless cars will impact insurance industry

Date: 28/01/2015 03:41:30
Category: Insurance
Author: Laura Varley

More than half of MPs (51 per cent) are not sure what impact driverless cars will have on the car insurance industry, a new survey by Dods reveals.

Although the government is currently paving the way for driverless cars trials to be conducted on the road, half of MPs either do not want or are not ready to accept autonomous vehicles. Moreover, 42 per cent don't know how road safety will be affected by the technology, reports bt.com.

Steve Nash, chief executive of the Institute of the Motor Industry, warned that the technology is not disappearing any time soon, as large companies like Jaguar Land Rover, Nissan and Google are already investing in driverless cars.

"MPs are in danger of falling asleep at the wheel and need to start paying close attention to the implications of these changes; both in terms of legislative issues and the large skills gaps it will create in the automotive workforce who maintain cars," he stated.

"Even if we don't see fully autonomous vehicles on sale in the next few years, the advancement in technology will have a huge impact on normal vehicles."

He added that MPs do not understand that repairers will be impacted by the development of autonomous vehicles; specialist knowledge is required to maintain the driver assist systems found in nearly every modern car.

Previous research found that MPs believe the motor industry is a low-skill, low-pay sector, reports rac.co.uk.

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