PEMCO Insurance Launching Rideshare Driver Endorsement in Oregon
Seattle-based PEMCO Insurance launched an auto policy endorsement for rideshare drivers in Oregon in September.
The company said the endorsement enhances personal auto policies for rideshare drivers. The product is already available in Washington.
PEMCO said the rideshare endorsement enables drivers to use their personal auto policy to fill coverage gaps and enhance their coverage beyond the limits of their TNC policy.
According to John Connally, a product development manager and resident rideshare expert at PEMCO, exact coverage amounts depend on the driver’s personal auto policy limits, but the benefits offer significant value to policyholders.
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