Are you ready for autonomous vehicles?

From the insurance industry’s perspective, autonomous vehicles are going to change how municipalities look at insurance coverage. (Photo: sdecoret/Shutterstock)

The increasing popularity of autonomous vehicles has led to questions about how self-driving vehicles can share the road with traditional cars and trucks. The initial concept focused on cars that had people in them but drove themselves. But the idea has expanded, with delivery companies like Amazon testing “human-free” transportation.

From the insurance industry’s perspective, autonomous vehicles are going to change how municipalities look at insurance coverage. We’ve seen some changes at the regulatory level. Earlier this year, the U.S. government gave the first driverless car a special exemption. Also waived were the Federal Motor Vehicle Safety Standards (FMVSS) that require steering wheels, pedals, side view mirrors and other human controls.