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August 25, 2017

While Colorado residents might anticipate the day when driverless cars will be widely available, it may not come as quickly as they might expect. There are several issues that must first be addressed before self-driving cars can be offered in mass production. Other factors may also make people less willing to purchase these vehicles when they are available.

Before driverless cars can be released to the public, state and federal lawmakers along with regulatory agencies will first need to draft new laws and regulations that specifically govern driverless vehicles. The process of drafting and passing these new laws and rules can take years. There are also thorny issues of liability that will need to be determined, including the party or parties that could be held financially responsible if a self-driving car is at fault in an accident and what type of insurance will need to be purchased.

Consumers are generally only willing to pay set amounts for advancements in technology. If driverless cars have higher prices, consumers are likelier to opt for traditional options. This has been shown with electric cars. Even though electric vehicles are competitively priced over their vehicle life as compared to other cars, fewer consumers opt to purchase them because the upfront costs are higher.

Car accidents may still happen once driverless cars are widely available. There may be issues during the transition period when self-driving cars are sharing the roads with traditional vehicles. Accidents may also be caused by defects in the equipment, software hacks and weather conditions. When people are the victims of car crashes that are not their fault, experienced personal injury attorneys might be able to offer them assistance. Attorneys may work to determine the party or parties who should be held financially responsible and then recover damages in amounts that will fairly compensate their clients for all of their losses.