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This issue is as much a market failure as it is a regulatory failure.

Here in the UK, the insurance industry collectively funds Thatcham Research, an independent body that assesses the safety, security and repairability of new cars. Thatcham's assessments are hugely important to motor manufacturers, because they directly influence the cost of insurance; a good rating from Thatcham means a low insurance group rating, which is an important selling point. It's a fantastic example of what happens when everyone's interests are aligned.

Thatcham also assess aftermarket security equipment; most insurers offer discounts on premiums where Thatcham-approved equipment is fitted. It is worth noting that neither of the products mentioned in this article are Thatcham approved.

https://www.thatcham.org/what-we-do/security/



Very nice. I always thought once you can get a real self driving car human driving will be driven out of existence by insurers.




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