, , , , , , ,

Waymo’s driverless cars are apparently an insurance company’s dream

Waymo’s fleet of driverless vehicles are operating in more cities and a study indicates that may reduce crashes on roadways. The study, a non-paid partnership between Waymo itself and reinsurer Swiss Re, indicated Waymo’s cars result in fewer insurance claims than those operated by people.

Swiss Re analyzed liability claims from collisions covering 25.3 million miles driven by Waymo’s autonomous cars. The study also compared Waymo’s liability claims to human driver baselines based on data from over 500,000 claims and over 200 billion driving miles. The results found that Waymo Driver “demonstrated better safety performance when compared to human-driver vehicles.”.

The study found cars operated by Alphabet’s Waymo Driver resulted in 88 percent fewer property damage claims and 92 percent fewer bodily injury claims.

Swiss Re also invented a new metric to compare Waymo Driver against only newer vehicles with advanced safety tech, like driver assistance, automated emergency braking and blind spot warning systems, instead of against the whole corpus of those 200 billion driving miles. In this comparison, Waymo still came out ahead with an 86 percent reduction in property damage claims and a 90 percent reduction on bodily damage claims.

Of course, there are two glaring issues. First is that Waymo currently only operates in cities, which, yes, account for the bulk of crashes in the US, but rural areas account for a much higher number of crashes (especially fatal ones) proportional to their population. (The study, incidentally, states that having exurban data included in the baseline metrics actually cuts against Waymo's true safety numbers.) Second: Waymo simply hasn't been around that long. It's very hard to get an accurate measure of the system when its real-world testing period has been so relatively short.

The numbers may look good for Waymo Driver in studies but they aren’t perfect by any stretch. Waymo issued its second recall over the summer when one of its robotaxis hit a street level telephone pole at 8 mph in Phoenix. The National Highway Traffic Safety Administration launched an investigation into Waymo and found 24 incidents that involved crashes or traffic violations.

This article originally appeared on Engadget at https://www.engadget.com/transportation/waymos-driverless-cars-are-apparently-an-insurance-companys-dream-220746643.html?src=rss

https://www.engadget.com/transportation/waymos-driverless-cars-are-apparently-an-insurance-companys-dream-220746643.html?src=rss


January 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  

About Us

Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.

At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.

We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.

From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.

So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.

Podcasts

TWiT 1014: Just Say It's Capitalism – CES 2025, Meta News, Newag DRM This Week in Tech (Audio)

The panel discusses CES 2025 How Watch Duty's wildfire tracking app became a crucial lifeline for LA Worst in Show awards 2025 Aaron Swartz v Sam Altman We've not been trained for this: life after the Newag DRM disclosure All the Meta stuff (fact checking, etc.) Heritage Foundation plans to 'identify and target' Wikipedia editors The Government Wants to Protect Robux From Hackers Twitch Streamers Come Home After Big-Money Contracts at Rivals Dried Up Candy Crush, Tinder, MyFitnessPal: See the Thousands of Apps Hijacked to Spy on Your Location Host: Leo Laporte Guests: Nicholas De Leon, Fr. Robert Ballecer, SJ, and Cory Doctorow Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit Sponsors: coda.io/twit expressvpn.com/twit threatlocker.com for This Week in Tech uscloud.com bitwarden.com/twit
  1. TWiT 1014: Just Say It's Capitalism – CES 2025, Meta News, Newag DRM
  2. TWiT 1013: Calamari in Crisis – Touching the Sun, Fake Spotify Artists, Banished Words
  3. TWiT 1012: Our Best Of 2024 – The Best Moments From TWiT's 2024
  4. TWiT 1011: The Year in Review – A Look at the Top Stories of 2024
  5. TWiT 1010: The Densest State in the US – TikTok Ban, Drones Over Jersey, GM Quits Robotaxis