Fleets May Need Product Liability Insurance for Vehicles with ADAS

European fleets face the prospect of requiring new forms of vehicle insurance as advanced driver assistance systems (ADAS) change the nature of liability in an accident. An annual report from Insurance Europe, which represents the continent’s insurers, warns that systems such as lane departure warnings, adaptive cruise control and automatic emergency braking could involve a shift from traditional motor third-party liability insurance to product liability insurance. This is due to the increasing difficulty in determining whether an accident is caused by human error or an ADAS malfunction.

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