New legislation in Florida aims to close ride-share auto insurance gap

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Senator Simmons introduces new insurance legislation to address ride-share concerns in Florida New auto insurance legislation concerning ride-share companies, such as Uber and Lyft, is making progress in Florida’s legislative process. The legislation, sponsored by Senator David Simmons, is heading for the state’s Senate, where lawmakers will determine its feasibility and whether or not it is a good fit for the state. According to Senator Simmons, the legislation is a work in progress and changes may be made to it in the future. Lawmakers are becoming increasingly concerns of potential…

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Ride share insurance for UberX drivers to be offered by Aviva

Toronto Canada Auto ride share Insurance Discounts

The auto insurer has said that it will start to sell full coverage policies as of February in Toronto, Canada. UberX has faced an ongoing struggle with the ride share insurance issues in Toronto, Canada – as it has in many other places throughout North America and the rest of the world – but things will start to become a little bit easier in February when Aviva starts to offer full auto policies to its drivers. The policy would build on top of existing personal auto insurance coverage for drivers…

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Legislation targets auto insurance and ride share services in Florida

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New legislation will place auto insurance requirements on ride share companies New legislation in Florida could affect the way ride-share companies receive auto insurance. Companies like Uber and Lyft, which providing transportation services with the aid of mobile apps, have been at the heart of debate concerning issues in the auto insurance sector. These companies typically meet the minimum requirements but are not technically required to do so because of the way they operate. The new legislation would codify existing standards, ensuring that companies like Uber and Lyft are required…

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Ridesharing insurance back in Ontario, Canada’s spotlight

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Member of Provincial Parliament (MPP) Tim Hudak has called for a focus on coverage for services like Uber. Tim Hudak, the MPP from Niagara West-Glanbrook, has now called on Charles Sousa, the Ontario Finance Minister, in the hopes of driving efforts forward to create a ridesharing insurance situation that will be “affordable” and “comprehensive” within the Canadian province. At the moment, services such as Uber, have been causing considerable coverage struggles in Ontario. In this effort Hudak has created a private member’s bill called the Opportunity in Sharing Economy Act.…

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Auto insurance company in Canada cracks down on UberX drivers

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An insurer has started cancelling the policies of drivers who are working with personal coverage. The Toronto Star has now reported that it has received an internal bulletin from the Aviva Canada auto insurance company and that has revealed that it is cracking down on UberX drivers who are covering themselves with personal policies but who are using their vehicles for commercial purposes. Estimates from the City of Toronto show a monthly average of 500,000 UberX rides in the city. Now, one of the largest auto insurance companies in the…

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Canadian Uber drivers may need to check their auto insurance policies

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Insurance Bureau of Canada wants Uber drivers to make sure they are properly insured The Insurance Bureau of Canada is advising drivers that work for ride-share company Uber to check their auto insurance policies. The agency suggests that drivers should ensure that their insurance policies provide coverage for their vehicles that are being used for commercial purposes. In most cases, however, conventional policies do not provide commercial coverage for most drivers, as these policies only provide coverage for vehicles being used for personal purposes. As such, they may be exposed…

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Insurance fraud investigation begins at Uber

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The rideshare company is now being investigated after it failed to detect falsified driver documentation. Transportation for London (TFL) has now launched an insurance fraud investigation into Uber, the app based ride share company, after a person successfully used falsified proof of coverage documents in order to become a driver. A whistle blower determined that it was possible to Photoshop insurance cards and pass Uber’s screening. The whistle blower remains unnamed but was already a driver for Uber. The insurance fraud test occurred when that person uploaded fake documents from…

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Allstate auto insurance to cover rideshare drivers

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People who are driving with the use of app based services like Uber will now have the insurer’s coverage available. Allstate auto insurance offerings will now be including coverage for drivers who will be using apps such as Uber and Lyft in order to pick up ride sharing passengers in order to earn an income. The auto insurance coverage will come with an average premium of between $15 and $20 per year. The announcement about the new type of Allstate auto insurance policy also explained that the goal of the…

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New auto insurance requirements could be imposed on ride-share services

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Uber and Lyft could have to comply with new auto insurance requirements, pending legislation New auto insurance requirements may put some pressure on ride-share service, such as Uber and Lyft. The Senate Banking and Insurance Committee has supported new legislation that would introduce new requirements on companies that use mobile applications to connect drivers with passengers. These services have become quite popular in large cities and serve as an alternative to taxis. Over the past year, these services have been the subject of concern because of the auto insurance coverage…

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Auto insurance bill for Uber drivers takes another step forward

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Ride sharing services have now cleared another hurdle in obtaining the right coverage in Minnesota. A bill that will require Uber and other types of ride sharing service companies to provide their drivers with a higher level of auto insurance coverage has now stepped beyond yet another milestone within the Minnisota state Senate. The bill was moved forward, recently, by the Senate Transportation Committee following industry official testimony. Officials from Uber spoke in front of the Senate committee. They were in opposition of the bill, while limo and taxi drivers…

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