California Commissioner OKs Metlife Ridesharing Insurance for Lyft Drivers
Lyft drivers have a new ridesharing insurance option covering all three ridesharing periods and offering liability coverage with the option to add additional coverages.
Those changes came to light on Monday with the introduction of a new product, approved by Insurance Commissioner Dave Jones.
The coverage is available beginning Oct. 15.
“As demand for ridesharing services increases, making sure ridesharing drivers are able to obtain insurance to protect themselves, their passengers and pedestrians has been a top priority,” Jones said in a statement.
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