Quantcast
Transport Cars

Lyft Combats Its Insurance Issues With Sketchy Plans and New Industry Coalition

Excerpt from TechCrunch

Skift Take

The efforts to which many of the sharing economy companies are going to in order to have maximum profit and zero liability is rather insulting for both its employees/contractors and its customers.

— Jason Clampet

Lyft is seeking to combat questions about insurance and liability today, with the introduction of a new Peer-to-Peer Rideshare Insurance Coalition, as well as the announcement that it will be providing additional insurance to drivers on its platform.

… Part of that is due to an incident that occurred on New Year’s Eve, in which a driver who works for Uber was involved in a traffic fatality.

But that type of accident wouldn’t be covered under the new insurance policies, a Lyft spokesperson confirmed to me. That’s because the driver involved in the accident was not on duty at the time of the accident. The excess liability policy would cover only drivers when they’re in the middle of a Lyft ride.

Read the Complete Story →

More Stories Below ▼
Daily Travel Startup Watch: GapDoc, Xenos Local and More
Free Report: What Millennials Want in Meetings
9 Digital Trends We’re Tracking at Skift This Week
Video: How Amsterdam is Rethinking Urban User Experience to Build the City of the Future

Video: How Amsterdam is Rethinking Urban User Experience to Build the City of the Future

The Future of Connected Travel at Stuttgart’s Urban Living Lab
The Vacation Rental Technology Ecosystem
Trend Report

The Vacation Rental Technology Ecosystem