Uber and Lyft Passengers Can Now Buy Insurance Before Their Rides

Uber and Lyft passengers can now buy insurance before their rides to cover any accidents or even death. Chubb, one of the world’s biggest property-casualty insurers, is joining ranks with startup Sure to sell policies on an “on-demand, per-day basis,” to cover accidents or death. The initiative will be called RideSafe and will pay up to $10,000 in medical costs per accident and include a $100,000 death benefit. Eventually, RideSafe plans to offer insurance for autonomous vehicle rides.

Source: LinkedIn

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About Jim Kinmartin - Business Insurance & Risk Management Broker

Jim is a California licensed Property & Casualty AND Accident & Health insurance agent working at the ISU - Olson Duncan Insurance brokerage in Torrance, CA. He grew up in Fullerton, CA and graduated from Servite High School in Anaheim and Loyola Marymount University in Los Angeles and currently lives in Long Beach, CA. Have questions? Just ask! Or, follow Jim on Twitter at @JimKinmartin

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