Ridesharing company Uber has selected Liberty Mutual Insurance to provide coverage for its drivers and passengers throughout New England, South Carolina, and Puerto Rico as part of its 2020 auto insurance programs.
Under the program, Liberty Mutual will provide specific coverages from the time drivers open the Uber app through to the completion of a trip or delivery.
“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.
“We drew on our competitive advantage of vast commercial and personal lines expertise, including our best-in-class claims and service organizations, to meet the specific risk management challenges facing the company’s ride-hailing and delivery operations.”
Beginning from December 31, 2019, Liberty Mutual’s program will cover all of South Carolina, Puerto Rico and New England, including Massachusetts, Connecticut, Rhode Island, Vermont, New Hampshire and Maine.
“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.
“The unit blends dedicated underwriting, claims and service with deep industry experience to develop custom risk solutions that both protect companies and attract customers.”
Uber Vice President of Safety and Insurance Gus Fuldner, added: “At Uber, we want both drivers and riders to have peace of mind during trips, and Liberty Mutual helps fulfill that obligation.”
