If you are riding in a Lyft and get hurt (and the Lyft is at fault), it's Lyft's medical insurance company that pays out for your medical care. Same as it is for all other auto insurance.
It's a pretty delayed process because unless the Lyft hit a tree there's usually at least two vehicles involved in the crash and the insurance companies have to fight over fault. But they do eventually pay out.
Source: Got into an accident in a Lyft. They even paid my salary for the few days I was off work.
For example, if you get into an accident in NYC, you’re pretty much screwed. Uber will not cover you and you have to rely on “bankrupt” commercial insurance. Which is funny because Uber fees INCLUDE these phantom coverages. Class-action waiting to happen.
Aren’t you PE? Just look up the lawsuits bro. On a serious note, I don’t think Google or Tesla will take on that liability once we get to scale. That basically defeats the purpose of autonomous. Their legal and ops team will do everything to push an alternate business model similar to lease. This is why I really think autonomous has to be at least two orders of magnitude “safer” to be viable at scale (more than 10% on the road).
Comparing to taxi rates and positing a car that's pretty good by human terms, $500 a month for insurance defeats the purpose of autonomous? It doesn't seem like a big issue to me. That's less than a dollar per ride at unimpressive safety levels, so I can't imagine why it would need to be 100x safer.
Amplified meaning if you have 1000x as many cars you have 1000x as many failures?
That's fine. Insurance is built on that model. What's the issue?
Or do you mean something else?
(If amplify means a ton of the cars crash on the same day because they share code, I doubt that being a big effect, because all the cars are in different places working on different data feeds. And even moderately high spikes would be absorbed fine.)
(If amplify means the crash rate of each car goes up when you add more cars to the fleet... why would that happen?)
It's a pretty delayed process because unless the Lyft hit a tree there's usually at least two vehicles involved in the crash and the insurance companies have to fight over fault. But they do eventually pay out.
Source: Got into an accident in a Lyft. They even paid my salary for the few days I was off work.