Geico announced it is expanding a new rideshare insurance product to drivers in Pennsylvania.

The product, which is already available in Georgia, Virigina, Maryland and Texas, will be available to new and existing drivers in Pennsylvania that have been approved to drive for companies like Uber, Lyft, Sidecar and more.

The new product replaces a driver's personal auto policy and provides coverage for both personal and ridesharing use. According to its website, the Geico product covers drivers during all stages of working for a Transportation Network Company (TNC), including the "gap" period between when a driver signs into the TNC app and is matched with a passenger. When drivers sign off the app, the same policiy still covers them.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.