We are pleased to announce that Travelers now offers insurance to drivers using apps like Uber and Lyft. The coverage option is available under a Limited Ride Sharing Coverage Endorsement.
Generally, a personal auto policy will exclude coverage for the operation of a vehicle while being used as a public or livery conveyance. The Limited Ride Sharing Coverage Endorsement is designed to afford liability coverage for the period of time when covered drivers of a specific eligible vehicle are available for hire as a public or livery conveyance, up until they accept a request for transportation of a person for a fee and no passenger is occupying the vehicle.
In other words, before this endorsement - there was a gap in coverage from the period of time between when the Uber driver turned the app on stating availability for pickup of clients to the point when the driver accepted the request for transportation by the clients.
Travelers is only one of three companies offering this coverage to the over 20,000 Uber and Lyft drivers in the City of Chicago.
Click Here for Auto Ride Sharing Frequently Asked Questions (FAQs).
Please call if you have any questions.