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09 Jan Rideshare Insurance
In recent years, rideshare companies have made a huge impact in public transportation. In my opinion, ridesharing is an example of our fast paced social network at its best. A ride to your destination is easily available by user friendly Apps, and more users than not would argue that the experience of using these companies is second to none when compared to a traditional taxi service. That said, if you were to ask a rideshare driver or a passenger how, or who’s insurance covers them in the event of an accident, your question is often replied with a shrug of the shoulders. Up till now that shrug of the shoulders was for good reason, because rideshare insurance has not been properly implemented or even available.
EIB insurance can provide the true solution for rideshare insurance. We can provide commercial insurance not only to the rideshare company, but for rideshare drivers. Many drivers involved in rideshares don’t understand that ridesharing often considered a commercial auto activity, and their personal auto insurance may or may not cover them. Don’t put your personal insurance at risk, crossing your fingers that they will take care of your insurance needs while you are engaged in a commercial activity. You may find that even if your insurance agrees to cover an unfortunate accident, they will most likely cancel your policy at the same time, because your personal insurance specifically excludes commercial use of your vehicle.
Ride share companies, as well as the drivers no longer need to worry about putting their insurance at risk with a proper commercial auto insurance policy provided by EIB. Whether you are a driver making a few extra dollars on the weekend, or the owner of a rideshare company, I am more than happy to answer any questions that you may have about obtaining rideshare auto insurance. We have several ways to solve the insurance problem for you because we are not an outside agent who scratches their head trying to solve your insurance needs. We operate directly under our in-house insurance company. In other words, we design, and represent the policy directly to you…. No middleman! My information is listed below, so feel free to give me a call with any questions about insurance for ridesharing.