3 ms·
Also, while those coverages might be difficult-to-find-but-available now, that could change in a hurry. Once most insurance companies catch on to the fact that
by tkfu 12y ago
Also, while those coverages might be difficult-to-find-but-available now, that could change in a hurry. Once most insurance companies catch on to the fact that people are paying for regular insurance and then operating essentially a taxi service, they'll add clauses to their contracts specifically forbidding it, and charge something more in line with commercial taxi insurance. It's a lot like what we see with AirBnB, where as it caught on more and more, landlords started fighting back against tenants who were using it.
- greenyoda 12y ago"Once most insurance companies catch on to the fact that people are paying for regular insurance and then operating essentially a taxi service, they'll add clauses to their contracts specifically forbidding it..." My car insurance policy has prohibited using the car for commercial purposes for as long as I can remember. There are also probably state laws requiring commercial drivers to carry commercial insurance, just as it requires them to have a different class of drivers license.