How Pricing Insurance for Cars of Future Could Bring Insurers, Carmakers Together

Article 0 Comments Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his premiums would rise. “The quoted me $10,000 a year,” Peate recalled. For all the […]

Insurtech Geared to Autonomous Vehicle Coverage Grabs $5 Million in Funding

Article 0 Comments A startup focused on rewarding drivers and fleet owners that use autonomous vehicles and semi-autonomous car safety features has raised $5 million in seed funding. California-based Avinew’s technology uses artificial intelligence and telematics to gather driving data that can tell when a vehicle is in autopilot mode […]