Platooning
Term · Insurance and risk management · MLC-T-INS-002579
The practice of linking two or more trucks in a convoy using vehicle-to-vehicle communication and automated driving systems, allowing them to travel closely together to improve fuel efficiency. This technology presents a complex new risk profile for commercial auto insurers, involving questions of liability in the event of system failure and the potential for multi-vehicle accidents. Underwriters are developing new models to price coverage for fleets that adopt this semi-autonomous technology.
| Identifier | MLC-T-INS-002579 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002579",
"term": "Platooning",
"field": "Insurance and risk management",
"definition": "The practice of linking two or more trucks in a convoy using vehicle-to-vehicle communication and automated driving systems, allowing them to travel closely together to improve fuel efficiency. This technology presents a complex new risk profile for commercial auto insurers, involving questions of liability in the event of system failure and the potential for multi-vehicle accidents. Underwriters are developing new models to price coverage for fleets that adopt this semi-autonomous technology.",
"url": "https://mlchart.com/terminology/insurance/platooning/"
}
Record 2,610 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.