GEICO Expands Ridesharing Product
Sept. 29, 2016—GEICO has introduced its ridesharing product to an additional 10 states to meet growing demand.
In addition to the 24 states the product is currently offered in, Alabama, Idaho, Kansas, Delaware, Maine, Tennessee, Wisconsin, Minnesota, Missouri and North Dakota have been added.
"The growing demand for ridesharing services is rapidly reshaping the country's transportation landscape," said Othello Powell, GEICO's director of commercial lines. "As more and more consumers latch on to its popularity, we will continue to offer on-demand drivers the best insurance product at the lowest price to address their needs."
GEICO’s ridesharing product came to market last year to answer specific insurance needs of on-demand drivers. GEICO combined the coverage options of two separate policies into a single policy, eliminating the coverage gap between ridesharing and personal use. GEICO also offers drivers the flexibility to work with multiple transportation companies.
For more details about GEICO’S ridesharing product, click here.