Seattle-based PEMCO Insurance launched an auto policy endorsement for rideshare drivers in Oregon in September.
The company said the endorsement enhances personal auto policies for rideshare drivers. The product is already available in Washington.
PEMCO said the rideshare endorsement enables drivers to use their personal auto policy to fill coverage gaps and enhance their coverage beyond the limits of their TNC policy.
According to John Connally, a product development manager and resident rideshare expert at PEMCO, exact coverage amounts depend on the driver’s personal auto policy limits, but the benefits offer significant value to policyholders.
Topics Personal Auto Ridesharing Oregon
Was this article valuable?
Here are more articles you may enjoy.
Hacking Group Claims Major Hack of Novo Nordisk and Attempted $25M Extortion 
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows 
Zurich Sees Data Center Boom Spurring Insurance Securitization 
Older, Wealthier Renters Drive Changes in Insurance Needs From This Issue
