Uber, Lyft and Other TNC Drivers…New Endorsement Covers Insurance Gap

October 6, 2017||inPersonal Insurance|Lyft, Sidecar, TNC driver endorsement, Uber, auto insurance, personal insurance

The Problem

If you drive for a Transportation Network Company (TNC), personal auto insurance policies STOP providing coverage for vehicle damage, property damage, bodily injury and most other coverages as soon as you sign into the TNC app. Typically, the insurance policies offered by TNCs only provide limited coverage during the time between you logging into the app and picking up a fare. However, it’s risky to allow your coverage to fluctuate depending on the situation because an accident can occur at any time.

Uber, Lyft and Other TNC Drivers...New Endorsement Covers Insurance Gap
Click here to submit an inquiry to Murphy Insurance or call us at 800 222 8711

The Solution

To solve this coverage issue, Mapfre Insurance and Plymouth Rock Assurance recently began offering a TNC driver endorsement. Effective November 1, Safety Insurance will also offer an endorsement to resolve this coverage gap. In the future, we anticipate other carriers following suit.  Previously, because there were no coverage options, many TNC drivers simply took on the risk in order to earn money; however, that risk is no longer necessary. Our professionals can help you evaluate which company offers the best solution depending on your overall needs. If you or someone you know drives for a TNC or are considering it, please contact us for assistance.

Read Other Blog Posts

Contractor

Avoiding Contractor Fraud

It’s important to stay informed when dealing with contractors to reduce the risk of contractor fraud. Use these tips to avoid contractor fraud concerns.
Read more
Car tire side-view

Common Auto Insurance Terms

Auto insurance can be confusing at times. Policies often contain a variety of terms that can be difficult to understand, especially for someone without a background in insurance. The following is a list of common auto insurance terms to keep in mind the next time you meet with your insurance broker.
Read more
Toast

Holiday party etiquette & serving alcohol

Read more
What is Your Jewelry Worth? When Should You Update Appraisals?

What is Your Jewelry Worth? When Should You Update Appraisals?

Valentine’s Day approaches, often marked by the exchange of jewelry as a symbol of love. While insuring every piece may not be practical, it's advisable to consider insurance for expensive items, particularly those worn frequently.
Read more
Car on road

Gap Insurance

Car owners often assume that if their car is totaled, it will be replaced at the amount they paid, or at least the amount they owe. However, that’s not always the case — learn why and what you can do to protect yourself.
Read more
Car outside of garage

Vehicle Storage Tips During Winter

As winter approaches, it’s time to think about safely storing your recreational vehicle to avoid damage from the harsh weather and roads. Utilize the following guidance to properly prepare and store your vehicle this winter.
Read more
Car stopped for pedestrian

Quiet Vehicles and Pedestrian Safety

Electric cars continue to make headlines, but anyone who’s had such a vehicle sneak up behind them while on foot knows how quiet they are. These vehicles, along with hybrid cars, run much more quietly than gas-powered cars—posing a serious risk to unaware pedestrians.
Read more
Wood-burning Stove

Wood-burning Stove Safety

The top source of fires in American homes comes from fuel-burning appliances—such as a wood-burning stove. Consider the following guidance to ensure safe operation of your stove—keeping you, your family and your home protected against the risk of a fire.
Read more
Outside lightbulbs

How to Reduce Winter Utility Bills

When outside temperatures begin to drop, one of the most costly consequences is the increased energy it takes to maintain a comfortable home temperature. With this in mind, consider these tips to reduce your monthly utility bills in the winter.
Read more

Visit Our Auto Insurance Page

Auto Insurance

At Murphy Insurance, we are here to assist you in obtaining the appropriate auto insurance. Choosing the appropriate auto insurance coverage can be overwhelming. Every insurance company has its unique offerings, making it challenging to compare options effectively. That’s where we shine. We simplify the process by helping you evaluate provider and policy choices, seek out discounts, and optimize your car insurance within your budget constraints. Ultimately, our goal is to provide you with peace of mind, knowing that you and your loved ones are well-protected.