Progressive Insurance said it is now offering coverage for drivers of transportation network companies (TNCs) in Texas. The coverage will be a personal policy endorsement that fills most of the coverage gap between a personal auto policy and the commercial coverage held by a TNC like Uber or Lyft.
The offering will allow customers to extend roadside assistance, comprehensive and collision through all phases of TNC activity. Drivers will also receive an additional benefit: if the collision coverage provided by the TNC includes a deductible that’s higher than the customer’s deductible under their Progressive policy, Progressive will pay the difference.
The new endorsement, available to new and existing customers, meets the updated requirements to comply with Texas law.
Source: Progressive Group of Insurance Companies
Topics Texas Personal Auto Ridesharing
Was this article valuable?
Here are more articles you may enjoy.
Medical Firm to Build $600M Pharmaceutical Manufacturing Site in North Carolina 
General Contractor Found Not Liable for Subcontractor Employee’s Injury 
Lawsuit Alleges TWIA Fraudulently Reduced Claim Estimates From Hurricane Beryl 
At-Bay to Be Acquired by Munich Re for $575 Million 
