Allstate insurance to offer insurance to companies such as Uber & Lyft

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June 4th/2015

Farmers, Geico, and USAA started offering ride-sharing insurance earlier this year. (In select states.)

The latest to join the group is Allstate insurance. They say approximately $15-$20 per year, is what an insurance policy for ride-sharing drivers would cost. Allstates aim is to provide coverage for drivers who get into accidents while on the way to pick up new fares. They also say their policy can help drivers cover the gaps in coverage, when it comes to their own auto insurance – and the insurance the ride-hailing companies offer.

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