GEICO Expands Ridesharing Product to 10 Additional States

October 10, 2016

GEICO has just introduced its ridesharing product to 10 more states – Alabama, Idaho, Kansas, Delaware, Maine, Tennessee, Wisconsin, Minnesota, Missouri and North Dakota – in addition to the product being offered in 24 states and the District of Columbia.

GEICO’s ridesharing insurance product rolled onto the market last year to meet the specific insurance needs of on-demand drivers. GEICO combined the coverage options of two separate policies into a single policy, eliminating the coverage gap between ridesharing and personal use whether or not if the driver is logged into the transportation network company’s app. GEICO also offers drivers the flexibility to work with multiple transportation network companies.

GEICO’s ridesharing product is now offered through the company’s Commercial division at a price that can be lower than taxi and commercial rates.

GEICO is a member of the Berkshire Hathaway family of companies and is the second-largest private passenger auto insurance company in the United States. GEICO serves more than 14 million private passenger customers, insuring more than 23 million vehicles (auto & cycle).

GEICO also provides insurance quotes on motorcycles, all-terrain vehicles (ATVs), boats, 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.

Topics Ridesharing Berkshire Hathaway

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