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With the popularity of ridesharing services growing in popularity as of late with Transportation Networking Companies (TNC).  TNC's provide pre-arranged transportation services for compensation by using a smartphone application to connect passengers with drivers using their personal vehicles.  Uber and Lyft are two of the more widely known TNC's. 

TNC's enable drivers to help each other out in their commutes, but you are also jeapordizing your personal auto insurance.  There is no personal auto insurance coverage for losses that occur in connection with TNC's and is excluded.  If you were to be involved in an at fault accident, then there would be no coverage.  You would be paying for the physical damage and bodily injury out of your own pocket. 

However, some TNC's have taken steps to cover their drivers during rides, their commercial policy limits are lower from the time the drivers turn on the app until the time they pick up a customer. 

If you still decide to participate, you should ask questions of the TNC you're working with to understand their coverage limits at all times when participating in these programs.

We at Donahue-Stangle-Brown and Cope Insurance Agency are an independent insurance agency that represents several insurance companies here in Ohio.  Let us do your insurance shopping for you.  We offer a wide range from auto insurance, home insurance, business insurance, business auto insurance, life insurance and farm insurance.  Please contact one of our professionals today at 740-998-5544 in Frankfort or 937-981-2272 in Greenfield.  You are also welcome to contact us via EMAIL.

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20 N. Main St | Frankfort, OH 45628 | 740-998-5544 | 937-981-2272 | Fax: 740-998-5549
 
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