Companies offering these programs such as Lyft, Uber, and Sidecar claim that their policies don’t have gaps. According to a California insurance industry regulator, there could be some coverage issues faced by participants in the state’s ride sharing programs if they should ever find themselves in the tragic circumstance of a deadly accident. There have been gaps pointed out in the policies of these high tech carpooling systems. At the same time, Lyft, Uber, Sidecar, and other companies that are offering this type of environmentally friendly, affordable program continue to…
Read MoreCalifornia insurance regulator issues warning about ride sharing coverage
