Driverless doesn’t mean an end to car insurance

It had to happen sooner or later and last December it did – a third-party insurance company announced that it would begin writing policies for self-driving cars.

The company is Trov, a young insurer based in California that so far has focused on usage-based coverage of consumer electronics, such as smartphones. It will be providing coverage for Waymo passengers once the company makes the first deployments of its ride-hailing service. Trov and Waymo have been fairly quiet on the specifics of their deal; regardless they’ve made history because this is the first arrangement between an autonomous car fleet operator and an insurer.