As automakers race to develop and test autonomous vehicles for longer and more complex trips, insurers offering unique types of auto insurance coverage aren’t worrying about disruption.
Dan Preston, chief executive officer of Metromile, an InsurTech carrier offering pay-per-mile insurance, explained how that type of insurance has adapted easily to changes in driving habits occurring today, providing a preview of how the insurance will evolve for an autonomous driving future. (Editor’s Note: Preston spoke to Carrier Management in early February in New York before the coronavirus restricted travel in major cities.)