Insurance for Ridesharing with Uber in Ontario
Since September 2014, Uber has offered ridesharing as a low-cost, on-demand transportation alternative in Ontario. While there has been insurance covering every ride, the province recently approved a new product designed specifically for ridesharing. As of July 7, 2016, Uber will be purchasing this new ridesharing insurance covering all ridesharing rides in Ontario. The coverage will be provided by Intact Insurance and will include:
- $2 million of third party liability coverage per incident. This covers a rideshare driver’s liability to third parties from the moment a driver accepts an Uber trip until its conclusion. This policy is expressly primary to standard personal auto coverage.
- Statutory Ontario accident benefits
- $2 million of Uninsured Automobile Coverage. Protects vehicle occupants who are injured by a hit-and-run driver, an uninsured motorist, or an inadequately insured motorist. It also covers damage to your vehicle caused by an identified uninsured driver.
- Direct Compensation – Property Damage Coverage. This statutory coverage pays for repairs to a driver’s vehicle, as well as related expenses, in the event of an accident that is not entirely the driver’s fault.
- Contingent Collision and Comprehensive. This covers loss or physical damage to the rideshare driver’s vehicle up to the actual cash value of the vehicle with a $1,000 deductible. This coverage only applies if the vehicle is also insured for collision and comprehensive coverage on the auto policy of the vehicle owner when not used for ridesharing.
- Coverage between trips. During the time that a ridesharing partner is available through the Uber app but has not yet accepted a trip, we maintain coverage that provides $1 million of third party liability and uninsured automobile coverage along with all of the other coverages listed above.
UberBLACK, UberSUV, or uberTAXI rides in Ontario provided by commercially licensed and insured partners and drivers are covered by commercial insurance policies, in accordance with provincial and local requirements.
Note: In Canada, Uber driver-partners are able to accept requests for ridesharing services through the Uber app after contracting with Rasier Operations B.V.
Whether you’re a freshman or a senior headed back to campus this fall, one thing is certain—you’ll need to eat. And there is nothing worse than being limited to questionable cafeteria food or taking a chance on expired leftovers in the back of the fridge. The best news? UberEATS is expanding to 30+ major college campuses by the end of the year, from Penn State to LSU to Boise State. Since we want you to focus on what you love about college and not worry about your next meal, we’re predicting the 5 times you’ll need to order UberEATS this semester.
We are excited to surpass the 100th city mark by welcoming two Brazilian cities, Rio de Janeiro and Belo Horizonte, to the UberEATS family. From Atlanta to Warsaw, people have truly embraced this easy and reliable way to discover the food they love at the push of a button. Whether that’s an Indian inspired samosa, a good old-fashioned American burger or Vietnamese pho, people in 27 countries are using UberEATS to get a taste of the world’s flavors at the push of a button.
We’re excited to expand the Uber for Business platform beyond business travel, to include a world-class customer transportation solution, Uber Central. With Uber Central, organizations of all shapes and sizes can now easily provide on-demand, door-to-door transportation for their customers, clients, and guests.