Tag: lyft insurance

Rideshare insurance effort grows in California

G. Turner
rideshare auto Insurance accident crash

The state is working to boost the coverage requirements for companies such as Lyft and Uber. California may soon require that rideshare insurance minimum coverages be considerably higher than they currently are, in order to give greater protection to riders as well as to make liability a great deal clearer when accidents do occur. A recent proposal would change the current regulations to a minimum of $1 million in coverage. The proposal was created by the California Public Utilities Commission (CPUC) and would require rideshare insurance to be comprised of…

Read More

California insurance regulator issues warning about ride sharing coverage

Julie Campbell
Carpool RideSharing auto Insurance

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 More