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Uber, Lyft and Sidecar to expand insurance policies for drivers

Zach Miners | March 17, 2014
Three trendy car-summoning services -- Uber, Lyft and Sidecar -- are moving to expand their insurance policies for drivers to help plug potential holes in coverage during periods when drivers are not providing rides.

Lyft did not provide as much detail on what its expanded limits would be, though a spokeswoman said details would be coming soon. "This new protection will provide backstop coverage to drivers when they are in match mode and are not providing rides," the company said. Lyft said it would be rolling it out on a state-by-state basis in the days to come.

Uber's new limits, however, are still too low, said Emile Davis, an attorney at the Dolan Law Firm in San Francisco, who handles serious injury suits. The expanded policies are a step in the right direction, he said, but they're not nearly enough to help people who are injured in serious accidents. Ideally the companies should be offering their $1 million liability coverage across the board, Davis said, during the gap periods.

 

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