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On May 28, 2015, Farmers will be the first major carrier in California to begin offering a new Rideshare Endorsement through Farmers Specialty Insurance Company. Rideshare providers like Uber, Lyft and Sidecar have gained in popularity but unlike taxis or limousines, rideshare drivers use their own personal vehicles to transport riders. Rideshare companies typically provide some level of insurance coverage during the time a driver has accepted a trip from the app until the driver has dropped the passenger off. This leaves the driver on the hook for insurance when the app is on and the driver is seeking riders. Starting July 1, 2015 rideshare drivers are legally required to be covered from the moment they turn on their app. If you are engaged with one of these Businesses, please contact my office (650-876-9600) for a free quote to make sure you have the coverage you need.
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