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Commissioners Continue to Issue Ridesharing Warnings

Individual state insurance commissioners continue to issue warnings to consumers and potential drivers about ridesharing services...
August 7, 2014

Individual state insurance commissioners continue to issue warnings to consumers and potential drivers about ridesharing services.

The New Hampshire Department of Insurancewarns drivers and passengers who wish to participate in ridesharing services to check their insurance coverage first. Consumers are urged to not only check if ridesharing programs are covered by their own policies but also to review any agreement carefully.

“Car owners should check with their insurers before participating in a program like this to be sure they are covered,” said State Insurance Commissioner Roger A. Sevigny. “If they are not, they may have to pay out of their own pockets for damages and injuries, should there be an accident. And riders should be aware that, in the event of an accident, they may not have recourse to damages, as they would through a traditional taxi service.”

Louisiana’s Commissioner of Insurance Jim Donelon also issued an alert advising individuals to do their homework before signing on to serve as drivers. “Drivers should review their policies and talk with their agents regarding their participation in such programs prior to signing up.” said Commissioner Donelon. “Virtually all personal auto insurance policies exclude coverage when personal vehicles are used to give rides for fees.”

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