X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Lyft is now offering contingent coverage for drivers who have full comp and collision insurance. The policy would kick in if their personal insurance does not cover any damages done in the case of an accident.

Transportation Network Companies (TNC’s)  like Uber and Lyft have implemented new contingent liability policies after a major legislative battle forced them to their knees, but those policies still may be problematic for the insurance industry who demand more accountability from their drivers.  

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.