[Image Credit: Getty] California ’s insurance commissioner announced on Monday that he has approved the first auto insurance policy specifically for Lyft drivers who have a passenger in the car. The product from Lyft insurance is the first insurance policy in California that individually covers drivers (rather than the company) for app-based ride booking services like Lyft and Uber who have accepted a ride and have a passenger in the car. However, the product only takes effect if the driver’s personal insurance policy won’t cover an accident.
California ’s insurance commissioner announced on Monday that he has approved the first auto insurance policy specifically for Lyft drivers who have a passenger in the car. The product from Lyft insurance is the first insurance policy in California that individually covers drivers (rather than the company) for app-based ride booking services like Lyft and Uber who have accepted a ride and have a passenger in the car. However, the product only takes effect if the driver’s personal insurance policy won’t cover an accident.