Robert Nichols Insurance Group, Inc.
  • Home
  • Quotes
    • Quick Quote
    • Auto Quote
    • Homeowner Quote
    • Life Quote
    • Business Quote
    • Health Quote
    • Boatowner Quote
    • Umbrella Quote
    • Condo Quote
    • Flood Quote
    • Renters Quote
    • Motorcycle Quote
    • Disability Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Change
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Products
    • Auto Insurance >
      • Roadside Assistance
      • Classic Car Insurance
      • RV Insurance
      • ATV Insurance
    • Life Insurance >
      • Final Expense Insurance
    • Health Insurance >
      • Dental Insurance
      • Vision Insurance
      • Medicare Supplement Coverage
      • Critical Illness Insurance
      • Long Term Care Insurance
    • Business Insurance >
      • Workers Compensation
      • Event Insurance
      • Business Owners Package (BOP) Insurance
    • Property Insurance >
      • Home Insurance
      • Condo Insurance
      • Renters Insurance
      • Flood Insurance
      • Landlords Insurance
    • Annuities
    • Motorcycle Insurance
    • Boat Insurance
    • Umbrella Insurance
    • Disability Insurance
    • Pet Health Insurance
    • Aviation Insurance
    • Travel Insurance
  • Blog
  • About
    • Agency Staff
    • Insurance Carriers
    • Client Testimonials
    • Accessibility Statement
    • Refer a Friend
    • Helpful Links
    • Reviews
    • News
    • Videos
  • Contact
  • Quick Quote
  • Home
  • Quotes
    • Quick Quote
    • Auto Quote
    • Homeowner Quote
    • Life Quote
    • Business Quote
    • Health Quote
    • Boatowner Quote
    • Umbrella Quote
    • Condo Quote
    • Flood Quote
    • Renters Quote
    • Motorcycle Quote
    • Disability Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Change
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Products
    • Auto Insurance >
      • Roadside Assistance
      • Classic Car Insurance
      • RV Insurance
      • ATV Insurance
    • Life Insurance >
      • Final Expense Insurance
    • Health Insurance >
      • Dental Insurance
      • Vision Insurance
      • Medicare Supplement Coverage
      • Critical Illness Insurance
      • Long Term Care Insurance
    • Business Insurance >
      • Workers Compensation
      • Event Insurance
      • Business Owners Package (BOP) Insurance
    • Property Insurance >
      • Home Insurance
      • Condo Insurance
      • Renters Insurance
      • Flood Insurance
      • Landlords Insurance
    • Annuities
    • Motorcycle Insurance
    • Boat Insurance
    • Umbrella Insurance
    • Disability Insurance
    • Pet Health Insurance
    • Aviation Insurance
    • Travel Insurance
  • Blog
  • About
    • Agency Staff
    • Insurance Carriers
    • Client Testimonials
    • Accessibility Statement
    • Refer a Friend
    • Helpful Links
    • Reviews
    • News
    • Videos
  • Contact
  • Quick Quote

Technology Trends That Will Shape Car Insurance

10/2/2019

0 Comments

 
Picture
Technology is changing the landscape of doing business, and as it sweeps forward, the car insurance industry will not be spared. Both insurer and insured will now have to take into consideration the potential impacts of technology on their liabilities and claims. In this article, we outline some technological advancements that will shape the future of auto insurance.
The Emergence of Driverless Technology
Elon Musk, Tesla CEO, has revealed in an interview that the automaker’s enhanced autopilot feature will be fully functional by 2020. Due to this, self-driving cars will cause a shift in insurance assessment, particularly the potential risks to be borne. Some of the more considerable causes of vehicular accidents, such as distracted driving, fatigue, and drunk driving could be eliminated entirely. And as driverless technology rises…

There Will Be a Fall in Car Ownership Due to Driverless Ride-Sharing
Many urban cities have begun to shift to driverless ride-sharing. Most people in the future won’t own cars anymore, but instead, rent automated cars from companies for their own commute.
​
The Internet of Things (IoT) Boom Continues to Impact the World
Simply put, the internet of things is what it says, interconnectivity between objects. It is a system of interrelated physical machines, allowing them the ability to transfer data over a network. Cars utilizing IoT would be able to communicate with each other, reducing road mishaps and accidents. Furthermore, IoT will help insurers gather data, including driver inclinations, to make it easier to determine risks and create personalized premium plans for each insured driver. 

The Time of Chatbots Is Upon Us
An online car insurance company in Poland markets itself as the “first company to sell motor insurance exclusively via phone and internet.” The entity uses an innovative and highly-developed chatbot, speeding up the claim settlement process and providing near-instant resolutions to queries. Chatbots greatly streamline the process, reducing overhead and administrative costs, and several car insurance companies have already used, and are planning to leverage this emerging trend.

The auto insurance industry is not constant; it also evolves and undergoes hefty changes. The ever-changing technological landscape affects anything and everything, and the car insurance industry readies itself for the crashing waves it will make to ensure that its clients are always protected.

At Robert Nichols Insurance Group, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (561) 406-6153 or Click Here to request a free quote.
0 Comments



Leave a Reply.

    Contact Us

    (561) 406-6153
    1557 Park Ln S Ste 102
    Jupiter, FL 33458
    Click Here to Email Us

    Archives

    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015

    Categories

    All
    Auto
    Auto Insurance
    Best Of Florida
    Flood Insurance
    Florida State Univeristy Alumni Owned Business
    Home Insurance
    Life Insurance
    Proud Honoree Seminole 100
    Renters' Insurance
    Roadside Assistance
    RV Insurance
    Safety
    Vehicle
    Winner
    Workers' Compensation Insurance

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Privacy Policy
Insurance Products
Contact Us
Agent Login

Social Media

Facebook
Twitter
LinkedIn
Google
YouTube
​
Pinterest

Contact Us

Robert Nichols Insurance Group
1557 Park Ln S Ste 102
Jupiter, FL 33458
(561) 406-6153
Click Here to Email Us
Review Us

Jupiter, FL Location

Website by InsuranceSplash