First there was UBI, promising to drop auto insurance premiums by 10-15 percent.
Then came driverless cars to drop them again, this time by as much as 40 percent.
UBI has been around for some years now; driverless cars, not so much. They’re only now poised on the verge of the market. Yet both innovations represent a blow to insurance premiums, and here in that fleeting moment between the old one-two, it’s fair to wonder how the industry is going to respond.