Driver-assist Technology Linked to Higher Insurance and Repair Costs
The increasing prevalence of driver-assist technology in modern vehicles has brought about an unexpected consequence: higher insurance premiums and repair costs. Sensors that feed information to these systems are a significant factor in this trend, according to industry experts.
A rearview side camera on the Honda-e full-electric small car, launched in 2020, is shown. Sensors that feed information to driver-assist systems are driving up the cost of repair work and insurance, bringing some experts to question the overall value they present.
The rising costs associated with driver-assist technology have sparked debate about their overall value to consumers. While these systems are designed to enhance safety and driving convenience, their impact on insurance and repair expenses is becoming a significant consideration for vehicle owners.
Industry experts are now questioning whether the benefits of driver-assist technology outweigh the additional costs. As the automotive industry continues to evolve, the balance between technological advancement and economic practicality remains a critical issue.
