New and existing drivers that have been approved to drive for Uber (UberX and UberXL), Lyft, Sidecar and other services in Pennsylvania can now get the insurance coverage through GEICO.
“Rideshare drivers have unique insurance needs that go well beyond a traditional auto insurance policy,” said Othello Powell, director of GEICO commercial lines. “We created this product as a low-cost solution that covers both personal and ridesharing use and other on-demand services.”
GEICO’s ridesharing product replaces the driver’s personal auto policy and provides coverage both for personal and ridesharing use. GEICO will offer the product through GEICO Commercial at a price significantly lower than taxi and commercial rates.
GEICO (Government Employees Insurance Company) is a member of the Berkshire Hathaway family of companies. GEICO also provides insurance quotes on motorcycles, boats, all-terrain vehicles (ATVs), travel trailers and motorhomes (RVs). Coverage for life, homes and apartments is written by non-affiliated insurance companies and is secured through the GEICO Insurance Agency, Inc. Commercial auto insurance and personal umbrella protection are also available.
- GEICO Expands Ridesharing Coverage to Georgia
- GEICO Launches End-to-End Ridesharing Coverage in Texas
- GEICO Expands Ridesharing Product to Maryland
- GEICO Launches Ridesharing Coverage in Virginia
- Most Drivers Mum About Ridesharing, Although Many Agents Ask
Was this article valuable?
Here are more articles you may enjoy.