Live Insurance News

Auto insurance question raised about Uber coverage in Toronto

February 10, 2015February 7, 2015 Julie Campbell

Toronto Canada Auto ride share Insurance Discounts

The ride share company may not be providing adequate protection to its drivers to operate in the Canadian city. The Insurance Bureau of Canada has released a statement that has said that it is concerned that Uber, a ride share company in the country, is not providing its drivers with the auto insurance coverage that is required for them to be adequately protected for operations on the roads of Toronto. Uber Canada has assured the public that its drivers are providing the safest transportation experience in the city. In Toronto,…

Rideshare auto insurance struggles in France could end with 2015 Uber ban

December 26, 2014December 23, 2014 Julie Campbell

The country has now stated that it intends to end the availability of the service next year. The popular low cost rideshare service, Uber, has been facing a number of problems in terms of the details of its legalities, particularly when it comes to the auto insurance requirements, and France has now made a decision to put an end to all of it by simply banning the company from operating within the country. The French government made the announcement that the ban on Uber’s service would begin on January 1,…

Auto insurance silence remains commonplace among rideshare drivers

December 23, 2014December 20, 2014 H. Cutner

Many participants in these programs are confused about the rules and are uncertain as to what to tell insurers. Despite the fact that the regulations with regards to the auto insurance coverage required by the drivers for rideshare programs such as Lyft and Uber have improved throughout 2014, and many cities have legalized the mobile app based transportation service, Forbes recently reported that many drivers are perplexed by the mixed messages that they have received and continue to opt for silence when it comes to informing their insurers. This is…

Auto insurance Uber tattling plan begins by Portland taxi drivers

December 15, 2014December 13, 2014 Julie Campbell

The ride share service has been continue to operate illegally in the city and cabbies are working to stop them. The popular Uber ride share service has now been operating illegally for a couple of weeks in Portland and local cabbies are starting to help the police in the city to be able to take the service’s drivers off the roads by ratting them out to their auto insurance companies. It started on Friday when a tweet was made on the Radio Cab Twitter account encouraging cabbies to rat out…

Ride-share companies may have trouble with auto insurance gap

November 18, 2014November 15, 2014 Logan B.

Insurance gap could threaten the future of ride-share companies as they continue to juggle financial risks and liability issues Ride-share companies are becoming more popular and they are beginning to feel pressure to address the insurance gap problem they have. The insurance gap has the potential to threaten the future of ride-sharing and if companies cannot find an effective way to address the issue, they may find it difficult to continue operating in some states. The problem stems from the relative youth of the ride-share sector. Because ride-sharing is so…