Progressive Introduces Coverage for Rideshare Drivers in Texas
Progressive Insurance said it is now offering coverage for drivers of transportation network companies (TNCs) in Texas. The coverage will be a personal policy endorsement that fills most of the coverage gap between a personal auto policy and the commercial coverage held by a TNC like Uber or Lyft.
The offering will allow customers to extend roadside assistance, comprehensive and collision through all phases of TNC activity. Drivers will also receive an additional benefit: if the collision coverage provided by the TNC includes a deductible that’s higher than the customer’s deductible under their Progressive policy, Progressive will pay the difference.
The new endorsement, available to new and existing customers, meets the updated requirements to comply with Texas law.
Source: Progressive Group of Insurance Companies