By 2035, estimates suggest that 31% of all newly purchased consumer vehicles will have Level 2 or Level 3 self-driving systems installed, with significant growth expected in the next six years. Credit: Lagunov/Adobe Stock By 2035, estimates suggest that 31% of all newly purchased consumer vehicles will have Level 2 or Level 3 self-driving systems installed, with significant growth expected in the next six years. Credit: Lagunov/Adobe Stock

The auto insurance industry is accelerating toward a new era, marked by swift changes in market dynamics, technological advancements, and the emergence of autonomous vehicles.

As insurers grapple with increased loss costs and complex challenges, four key areas stand out as critical to the evolution of the auto insurance market:

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