Allstate insures Lyft drivers across Kansas
NORTHBROOK, Ill. (WIBW) - Allstate Insurance Company is now providing commercial auto coverage to Lyft drivers across the state of Kansas.
Allstate Insurance Company says it is now insuring Lyft drivers in California, Iowa, Indiana, Kansas, Kentucky, Missouri, Ohio and West Virginia beginning on Oct. 1.
“Peoples' needs change quickly and constantly, and they shouldn’t worry about the complexities of insurance coverage as they use their personal vehicles to make money,” says Jamie Trish, president of Allstate Business Insurance. “We make it simple by providing a circle of protection as they seamlessly transition to commercial coverage. As the sharing economy evolves, Allstate will continue to lead the way to make transportation safer and smarter, providing cost-effective coverage for drivers.”
According to Allstate, the policies are managed by Allstate Business Insurance and provide coverage throughout the cycle of a Lyft trip, from when a driver turns on the Lyft driver app, to pick up an drop off. It said riders are automatically protected by Allstate at no additional cost each time they get in a car with Lyft.
Allstate said coverages vary by state and during a period of engagement may include bodily injury and property damage liability, uninsured/underinsured motorist liability and collision and comprehensive coverage, subject to policy terms, conditions and deductibles.
“As rideshare continues to play a critical role in modern transportation across the country, Lyft is excited to broaden its rideshare insurance partnerships,” said Curtis Scott, vice president of risk at Lyft. “This allows us to leverage the expertise of large insurers such as Allstate as our business continues to evolve, ensuring we have claims handling specifically built for ridesharing as well as data-driven risk mitigation and reliable security for riders and drivers on the Lyft platform. Additionally, we look forward to further integrating our cutting-edge risk management solutions and partnering to bring innovative insurance products to market.”
According to Allstate, its auto policies are effective Oct. 1.
Allstate said typically, drivers using Lyft rely on protection from their personal auto insurance when they are offline or do not have the app turned on. It said some Allstate customers who drive using Transportation Network Companies have additional ridesharing coverage like its Ride for Hire coverage, for certain coverage outside their personal auto policy and TNC commercial coverage.
According to Allstate, it provides business insurance solutions and products designed to help protect against risks specific to individual business and commercial auto needs. It said having secure, personalized business insurance can help customers live a life well-protected.
For more information on Allstate and Lyft, click here.
Copyright 2020 WIBW. All rights reserved.