Tag: ride share insurance

Auto insurance bill for Uber drivers takes another step forward

H. Cutner
auto insurance ride share car

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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Auto insurance offered for ride share drivers by USAA

Julie Campbell
auto insurance ride share

The insurer based in San Antonio has released a statement that said it would extend a driver’s existing policy. USAA has now announced that it will be giving drivers for ride sharing programs, such as Uber and Lyft, the opportunity to extend their current auto insurance in order to protect them while they are with a fare. This coverage would broaden the deductibles and the coverage for a nominal additional monthly fee. According to the auto insurance company, the expanded coverage would cost an additional $6 to $8 on average.…

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Auto insurance question raised about Uber coverage in Toronto

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,…

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Auto insurance Uber tattling plan begins by Portland taxi drivers

Julie Campbell
electronic proof of auto insurance

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…

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Auto insurance hybrid coverage coming soon to Uber and Lyft

Julie Campbell
auto insurance car

Drivers for ride sharing services will soon be able to buy an amendment to their current policies. Ride share service drivers from companies such as Uber and Lyft will soon be able to buy an amendment to their auto insurance coverage that will provide them with protection from the moment that they sign on and are waiting for a call to pick up a rider, which is a new California law requirement. This has allowed for the creation of a type of hybrid personal commercial insurance policy for those drivers.…

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Ride-share companies may have trouble with auto insurance gap

Logan B.
california auto insurance car

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…

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Auto insurance at Lyft to be put to the test following tragic accident

Julie Campbell
auto insurance uber

A fatal crash in California will be the first to reveal the way in which the $1 million policy provides coverage. The ride share company, Lyft, which was first founded in 2012 and that has moved into 20 cities has been facing some controversy with regards to the auto insurance coverage that protects the company, its drivers, and their customers, and now it will be put to the test. Near Sacramento, California, there was a fatal accident on Halloween involving a Lyft driver. This represents the first time that the…

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