#Insurance companies in #Japan are expected to offer so-called #flyingcar insurance as the government there steps up efforts to commercialize such #vehicles.

Insurance companies in Japan are expected to offer so-called flying car insurance as the government there steps up efforts to commercialize such vehicles. Using a vertical take off and landing method, the drone-like vehicles are expected to be used to transport goods by 2023 as their development is now in full swing and their commercialization could be just around the corner. The insurance for said vehicles is said to offer compensation of hundreds of millions of dollars in the event of injury or damage sustained during operation.