Forum Discussion
danrclem
Jan 24, 2020Explorer
Reisender wrote:mich800 wrote:valhalla360 wrote:mich800 wrote:
So you anticipate nearly 300 million vehicles to just disappear? And that is assuming fully autonomous vehicles will be the norm not the exception in the next couple decades.
Not to mention it would take 16 years at current annual sales to replace all vehicles and that is if 100% of all vehicle sales were fully autonomous every year.
Once it becomes standard, it will take about 20yrs for the vast majority off the existing fleet to be in the junk yard.
At some point though, you can expect insurance for non-self driving cars to be so high that for all practical purposes, you can't afford to drive yourself.
That is a huge assumption on insurance with no facts or data to suggest that would happen. You also assume 100% of vehicle sales are self driving for your time estimate.
Can’t speak for other insurance companies but as of last year when sitting down with an insurance agent one of the first things they ask us wether the car has a driver assist systym like propilot or autopilot. Rates are lower if you do.
My insurance doesn't ask me any questions except for how many miles I drive a year, whether for pleasure or work, what type coverage I want, my age and the vin number. The vin number tells them exactly what the car is and what options it has and the premium is decided from this information.
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