With the growing popularity of ridesharing services such Uber and Lyft, there are also growing auto insurance problems for drivers within the ridesharing economy. Questions about coverage arise: Who's covered? When is it covered?
Erie Insurance recently launched what it believes to be a first-of-its-kind coverage to protect drivers who use ridesharing services, eliminating coverage confusion. With Erie's new coverage, the driver will have coverage at every part of the trip: before, during and after the hired ride.
With the advent of ridesharing apps, instead of using a traditional taxi service, users summon private car owners to pick them up. Ridesharing has become increasingly popular, especially major cities, but controversy surrounds the lack of clarity around who (if anyone) provides insurance coverage.
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