Smart car technology has begun to bring down the cost of insurance . According to a survey by The Observer , motor insurance costs can fall by almost a third depending on whether the vehicle has been fitted with an automatic braking system . In 2015 , 80 % of all new cars registered in the UK came with the type of self - driving systems that make driving safer and reduce the risk of accidents . As we reported last month , Swiss re and Here predict that smart technology will reduce global motor insurance premiums by $ 20bn over the next 10 years .
Smart car technology has begun to bring down the cost of insurance. According to a survey by The Observer, motor insurance premiums can vary by almost a third depending on whether the vehicle has been fitted with an automatic braking system. In 2015, 57% of all new cars registered in the UK came with the type of self-activating systems that make driving safer and reduce the risk of accidents. As we reported last month, Swiss re and Here predict that smart technology will reduce global motor insurance premiums by $20bn over the next five years.