Insurtech firm Root has joined forces with ride-sharing firm Lyft to offer policyholders travel credits with the Uber rival or a rental car after an accident or other incident. The company said it would match up to $7,500 in insurance premiums for each of its customers who have been involved in an accident, including those that occurred while using Uber.
Insurtech firm Root has joined forces with ride-sharing firm Lyft to offer policyholders travel credits with the Uber rival or a rental car after an accident or other incident. The telematics-based car insurer, which is also expanding operations in the US Midwest, said the offer will go to customers when they make a claim.