The subject of insurance is a complicated one, these 2 infographics give an overview of Uber and Lyft’s policies and when they cover the driver and the passengers in the event of an accident. For more information about the policies of each company, visit Uber and Lyft.
Start-ups in the sharing economy are attracting major investors who believe in their business model. There is, however, one area in which they have not been able to gain traction — insurance, as few large insurers have embraced or have even begun to explore this market. Some innovative start-ups are experimenting with different insurance models. But… Read more
