Insurance is cheaper on safer vehicles.
A 90% reduction in accidents is a 90% reduction in _paying out_. That reduces operating costs.
Insurance is cheaper on safer vehicles.
A 90% reduction in accidents is a 90% reduction in _paying out_. That reduces operating costs.
Insurance companies aren't a monopoly. They're in competition with each other to offer lower rates. So if there's a reduction in paying out, they'll need to reduce their premiums to stay competitive with each other.