Auto Fraud: A Thing of the Past?

Auto Fraud: A Thing of the Past?

I don’t know a single person, with a driver’s license, that has not been in a car accident. They are scary, costly and mostly avoidable if the rules of the road are obeyed. New technologies may make car accidents and maybe car insurance a thing of the past! The technology is called vehicle-to-vehicle communication (V2V) and it may save your life in the future.

V2V will allow programmed cars to communicate with other vehicles, stop lights and signs to warn drivers of possible threats. This could include other vehicles running red lights, braking suddenly, or making the driver aware of an unsafe time to pass another car. More advanced versions of V2V would allow the car to brake or swerve back into the correct lane in case the driver was reacting too slowly.

How to Write a Resume.Will we live to see an era of autopilot cars, like in the movie iRobot?

I’m sure some of you follow us on Twitter or have ‘liked’ us on Facebook, (if you haven’t, now is the time to do so!). Recently we have posted videos of auto fraud gone extremely wrong that will give you a good laugh. But it does show how big of a problem it really is. Vehicles equipped with V2V will nearly operate themselves to avoid collisions and running red lights, so it seems auto fraud could be history.

[Related: Does This Job Make Me Look Fat? Should Employers Discriminate Against Overweight Candidates?]

Automakers have already started installing less advanced versions in cars that are on highways now, such as lane departure systems. With claimants unable to run their vehicle into poles or other vehicles, how will they be able to file false claims?

Do you think auto fraud would cease to exist once V2V is a standard feature? How do you think this will impact insurance rates? Or our lives?

Sign up for Insurance Job Alerts from TheBestIRS to be notified of new openings near you.

Leave a Reply

%d bloggers like this: