Re:Uber, Lyft Drivers Earning a Median Profit of $3.37 per H...
by Brakenshire on Friday March 02, 2018 @11:59AM
(#16503326)
They talk about two distinct policies here, a personal policy (which still has to permit ridesharing, according to the illustration), which applies at any moment the driver is using the car for personal use (i.e. not logged into the Uber app to accept trips), then another policy, provided by Intact, which covers the Uber trips.
This page seems to be more about a kind of interface between the two policies, not that Uber coverage is provided for free.
Re:Uber, Lyft Drivers Earning a Median Profit of $3.37 per H...
by aianus on Friday March 02, 2018 @09:53PM
(#16507590)
Yes there are two distinct policies, both offered by Intact or their subsidiaries:
1. A commercial policy paid for by Uber which covers all Uber drivers while online.
2. A personal policy paid for by the driver which covers them while offline and explicitly permits ridesharing at no extra cost. This personal policy is the same price as the competitors without ridesharing, so it is not an added expense.
Re:Uber, Lyft Drivers Earning a Median Profit of $3.37 per H...
by Brakenshire on Monday March 05, 2018 @08:22AM
(#16520839)
Oh, I see, thanks.
https://www.intact.ca/on/en/personal-insurance/vehicle/car/u...
The relevant quote that applies to me: "When Uber drivers are using their vehicle for personal use, Intact Insurance, Novex, Jevco and belairdirect customers are protected as usual under their personal auto insurance policy at no additional cost."
And yes, the policies are the same price or cheaper than the competitors that don't have ridesharing included. They make up the money by attracting customers like me and by getting paid premiums by Uber for the commerical portion of the coverage.