MLchartDataset catalogue

Autonomous vehicle (AV)

Term · Insurance and risk management · MLC-T-INS-000504

A vehicle capable of sensing its environment and operating without human input, using technologies such as sensors, cameras, radar, and artificial intelligence. Autonomous vehicles are categorized into levels of automation, from Level 0 (no automation) to Level 5 (full automation). Their emergence presents new challenges and considerations for traditional auto insurance models regarding liability and risk assessment.

Table 1. Record
IdentifierMLC-T-INS-000504
FieldInsurance and risk management
SubjectPersonal Lines
AbbreviationAV
Record as JSON 
{
  "id": "MLC-T-INS-000504",
  "term": "Autonomous vehicle (AV)",
  "field": "Insurance and risk management",
  "definition": "A vehicle capable of sensing its environment and operating without human input, using technologies such as sensors, cameras, radar, and artificial intelligence. Autonomous vehicles are categorized into levels of automation, from Level 0 (no automation) to Level 5 (full automation). Their emergence presents new challenges and considerations for traditional auto insurance models regarding liability and risk assessment.",
  "abbreviation": "AV",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/autonomous-vehicle-av/"
}

Record 260 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.