MetLife Expands Rideshare Insurance Policy to Five States, Including California

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MetLife Auto & Home® and Lyft, one of the nation's leading ridesharing companies, announced today that Lyft drivers in California—one of the largest ridesharing states—now have access to a unique auto insurance policy tailored specifically for Lyft drivers. The policy was first made available to Lyft drivers in Colorado, and expanded to Illinois, Texas and Washington earlier this year. The policy, offered by MetLife Auto & Home, contains an endorsement unique to the auto insurance marketplace in that it offers coverage for rideshare drivers at every stage of the trip: while the driver is logged into the app and waiting for a passenger request, is en route to pick up a passenger, and during the trip with the passenger. Premiums applicable to the policy endorsement will vary based on the mileage driven in the Lyft program. "Even as the use of rideshare apps continues to expand across the U.S., questions remain for individuals who may want to supplement their income by driving for a transportation network company," said Jean Vernor, senior vice president, MetLife Direct, adding, "The MetLife Auto & Home program helps to answer questions such as, ‘When does the rideshare company's insurance step in?' and ‘Which company do I call if I have a claim: my personal insurance, or the rideshare company's?' With this endorsement from MetLife Auto & Home, Lyft drivers have more peace of mind, and a simpler process when they have a claim or a coverage question." Lyft drivers, or those interested in driving for Lyft, in California, Colorado, Illinois, Texas and Washington can call MetLife Auto & Home toll-free at 1-855-782-8480 to inquire about a policy. Current MetLife Auto & Home auto policyholders in these states will be able to have their auto policy re-written with the Lyft endorsement.
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