Driverless vehicle has become more a fact than a fiction. Google’s driverless car has now clocked more than 300,000 miles without a single accident whilst under the computer’s control. If this technology be widely adopted then this could be an answer to reducing the road accidents and thereby reduction in insurance premium. Due to driverless system’s accuracy, these vehicles could reduce the number of fatalities that occur on the roads daily. A driverless system could help to eradicate careless and negligent driving behavior, thereby reducing the number of accidents. If there are lesser the number of accidents cars could be built lighter, allowing for less fuel consumption. Imagine too driving under the influence of intoxication would no longer exist and few hundred thousand lives could be saved each year.
Insurance Encyclopedia
Driving License for Motor
The license issued by a Competent Authority under Chapter II of the 1988 Motor Vehicles Act authorizing the person specified therein to drive, otherwise than as a learner, a motor vehicle or a motor vehicle of any specified class of description. Under these provisions of New Motor Vehicles Act, 1988, a “Learners License” is not considered to be a “Driving License.”
Driving of other cars (DOC)
A clause in the third party section of a private car policy permitting the insured to drive private type cars or motor cycles not belonging to him and not hired to him under a hire purchase agreement. If the insured parts with the insured car, the extended indemnity ceases to apply as the main indemnity then terminates. Occasionally, as an underwriting measure, the insurer may delete the extension.
Driving Other’s Car Provision for Motor Insurance
It may so happen that the registered owner in whose name the policy has been issued was driving another car not belonging to him at the time of accident and the claim has been lodged for damage to this car or for personal injuries to a Third Party under the “Driving Other Car” Clause. In India the owner of the car remains liable for the own damage and third party claims, if the person driving the accidented vehicle, was doing so with due permission of the registered owner. In India we do not have any provision of insurance for “driving other’s car” liability insurance. It may cause a peculiar situation where an uninsured vehicle is driven by a non-registered owner in contravention of the Third Party mandatory insurance resulting in criminal liability on person driving other car for accidental death, while authorizing to drive an uninsured car remains a civil liability under MV Act.