The insurer recently boosted its relationship with the ride share program in 14 states and D.C. Farmers Insurance recently announced its coverage expansion and will now sell Uber driver insurance. This further strengthens the relationship between the insurer and the ride hailing company. The new unique auto insurance coverage is available to 2 existing states, 12 new ones and D.C. Farmers’ Uber driver insurance is being sold in 12 more states than it already was, as well as Washington D.C. Beyond the District of Columbia, the ride hailing company’s drivers…
Read MoreTag: uber insurance
New legislation in Florida aims to close ride-share auto insurance gap
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…
Read MoreRide share insurance for UberX drivers to be offered by Aviva
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…
Read MoreLegislation targets auto insurance and ride share services in Florida
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…
Read MoreRidesharing insurance back in Ontario, Canada’s spotlight
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.…
Read More