Liberty Mutual Insurance now provides coverage for Uber drivers and passengers in the New England area (Massachusetts, Connecticut, Rhode Island, Vermont, New Hampshire, and Maine), as well as in South Carolina and Puerto Rico.
With the launch, Liberty Mutual joins Uber’s 2020 auto insurance programs, which came into effect on December 31.
“We’re pleased to have been selected by industry leader Uber to join its auto insurance programs,” said Liberty Mutual Insurance sharing economy & new mobility senior vice-president and chief underwriting officer David Blessing.
Through the program, Liberty Mutual offers specific coverage from the time Uber drivers open the app and are waiting for a request, until the completion of the trip or delivery.
“Our dedicated sharing economy and new mobility practice allows us to continue successfully insuring ride-hailing, vehicle-sharing, car subscription, delivery services, and autonomous vehicle companies,” commented Liberty Mutual Insurance product technology solutions vice-president Nicholas Grant.
“At Uber, we want both drivers and riders to have peace of mind during trips, and Liberty Mutual helps fulfill that obligation,” stated Uber vice-president of safety and insurance Gus Fuldner.
Liberty Mutual established its sharing economy & new mobility practice last year as a way to better serve ride-hailing, vehicle-sharing, car subscription, and autonomous vehicle companies, by combining the company’s commercial and personal lines expertise.
Last November, the insurer appointed Max Libman to the role of lead underwriting consultant of national insurance for its sharing economy & new mobility practice.