There’s no question that driving is getting safer. Collision avoidance and other safety features in automobiles are becoming more sophisticated and ubiquitous, having worked their way down from high-end luxury vehicles to family sedans and subcompacts. Now automated traffic law enforcement and telematics could further reduce fatalities and insured losses, and the promise of Google’s self-driving car could remove driver error as the primary cause of collisions and injuries.

If these technologies are widely adopted by consumers, or mandated at the local and national levels, the net effect could be a dramatic reduction in traffic accidents, fatalities and insured automobile losses. Consequently, property/casualty insurers would see a major reduction in their auto insurance premiums revenue.

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