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News: 2014 Press Release

For Release: March 14, 2014
Media Calls Only: 916-492-3566
Insurance Commissioner encouraged by Transportation Network Companies increasing insurance coverage

SACRAMENTO, Calif. - Insurance Commissioner Dave Jones today issued this statement following the announcement by Uber and Lyft that both companies have extended their auto insurance coverage to include working drivers who have not yet picked up passengers:

"I appreciate that Uber and Lyft have taken these steps to increase the safety of all Californians by providing better coverage for drivers using their personal vehicles to provide rides for money. From the beginning, I have stressed that it's important for passengers, drivers, pedestrians and third parties to know which insurance will cover their losses in the event of an accident. Many insurance issues remain to be resolved when Californians use their personal home or car for a part-time commercial purpose, and I look forward to working with all interested parties on these important matters."

 

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The California Department of Insurance, established in 1868, is the largest consumer protection agency in California, regulating the $123 billion insurance marketplace. In 2013 the California Department of Insurance received more than 170,000 calls from consumers and helped recover over $63 million in claims and premiums. Please visit the Department of Insurance web site at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.HELP or 213.897.8921. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.

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