SAN FRANCISCO (Reuters) — UberX on Friday expanded the insurance coverage it offers to ridesharing drivers, a step toward easing U.S. regulators' and lawmakers' concerns and creating broader acceptance of the services.
Ridesharing companies such as UberX, a unit of black-car service Uber, allow members of the public to hail rides at the touch of a smartphone app. Mom-and-pop drivers rather than professionals typically answer their requests, in regular cars rather than commercial vehicles.
Until now, ridesharing companies' policies kick in only when a driver is giving a ride or en route to pick up a fare. That left drivers exposed when they were between rides in what has become known as the ridesharing insurance gap.
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