GEICO now offers its ridesharing insurance product, which delivers end-to-end coverage for personal and ridesharing use, to drivers in Connecticut.
New and existing drivers that have been approved to drive for Uber (UberX and UberXL), Lyft, Sidecar and other services in Connecticut can now get the insurance coverage they need through GEICO.
"Being close to New York City makes Connecticut a key market for rideshare drivers," said Rick Hoagland, GEICO regional vice president. "Our product eliminates coverage gaps for rideshare drivers and delivers a complete insurance solution at an affordable price along with GEICO’s outstanding customer service."
"We continue to see a remarkable demand for our product," said Othello Powell, director of GEICO commercial lines. "Our policyholders appreciate comprehensive coverage and peace of mind, and now rideshare drivers can have both with this new policy."
GEICO’s ridesharing product replaces the driver’s personal auto policy and provides coverage regardless of whether the driver is logged into the transportation network company’s app.
The product is available through GEICO Commercial at a price significantly lower than taxi and commercial rates.
GEICO (Government Employees Insurance Company) is a member of the Berkshire Hathaway family of companies and is the second-largest private passenger auto insurance company in the US.
GEICO, which was founded in 1936, provides millions of auto insurance quotes to U.S. drivers annually. The company is pleased to serve more than 13 million private passenger customers, insuring more than 22 million vehicles (auto & cycle).
Using GEICO’s online service center, policyholders can purchase policies, make policy changes, report claims and print insurance ID cards.
GEICO also provides insurance quotes on motorcycles, boats, all-terrain vehicles (ATVs), travel trailers and motorhomes (RVs).
Coverage for life, homes and apartments is written by non-affiliated insurance companies and is secured through the GEICO Insurance Agency. Commercial auto insurance and personal umbrella protection are also available.