Insurance structure

Intact will offer commercial insurance that will cover all drivers and passengers from the moment a driver makes themselves available to accept a ride request, to the moment passengers exit the vehicle.

 

Personal Policy

 

Intact Insurance , Novex and Jevco have updated their personal auto underwriting rules to allow ridesharing for Uber drivers.

 

When Uber drivers use their vehicle for personal use (phase 0), Intact Insurance, Novex and Jevco customers are protected as usual under their personal auto insurance policy at no additional cost.

The Uber insurance journey can be broken down into four phases:

 

 

Phase 0:

 

Phase 1:

 

Phase 2:

 

Phase 3:

Regular personal use of the vehicle and Uber driver

is offline

Uber driver is logged into the Uber app and available to accept a ride request but has not yet accepted one

Uber driver has accepted a ride request and is en route to collect the passenger(s)

Uber driver is transporting the passenger(s) to their destination

Commercial Policy

 

The Uber commercial insurance policy provides coverage to all vehicles, drivers (regardless of their personal auto insurance provider) and passengers from the moment drivers make themselves available to

accept a ride request (phase 1), to the moment passengers exit the vehicle (phases 2 & 3).

 

The commercial policy is issued to the corporation of Uber and Uber is responsible for the payment of the premium.

 

The Uber commercial insurance policy provides coverage up to the following limits:

 

•   $1 million Third Party Liability for phase 1

•   $2 million Third Party Liability for phases 2 and 3

•   Standard Accident Benefits for phases 1, 2 and 3

•   Comprehensive and Collision coverage with $1,000 deductible*

     payable by drivers for phases 1, 2 and 3.

 

*Only drivers who hold comprehensive and collision coverage on their   personal auto policy will be eligible for this coverage under the Uber   commercial policy.

The uber insurance journey

Personal auto policy

permitting ridesharing

Intact/Uber commercial policy

PHASE 0

PHASE 1

PHASE 2

PHASE 3

DRIVER USING VEHICLE

FOR PERSONAL USE

DRIVER AVAILABLE

TO ACCEPT TRIP

DRIVER EN ROUTE

TO COLLECT PASSENGER

DRIVER TRANSPORTING

PASSENGER TO DESTINATION

Offline

Log into Uber app

Accept trip

Passenger

enters

Passenger

exits

PRIMARY PERSONAL AUTO POLICY

PERMITTING RIDESHARING

  • Regular personal risk
  • Offline
  • No passenger
  • No ride
  • Accepted ride
  • Picking up and transporting passenger

INTACT/UBER PHASE 2 & 3 COMMERCIAL POLICY COVERAGE

  • $2M Third Party Liability
  • Standard Accident Benefits
  • $1,000 deductible for Comprehensive and Collision*

INTACT/UBER PHASE 1

COMMERCIAL POLICY COVERAGE

  • $1M Third Party Liability
  • Standard Accident Benefits
  • $1,000 deductible for Comprehensive and Collision*

*Comprehensive and Collision insurance coverage for physical damage is only available under the commercial policy to participating Uber drivers who have this coverage on their personal auto insurance policy.

 

Certain conditions, limitations and exclusions apply to the insurance policies. The information that appears on this page is provided to you for information purposes only. The insurance contracts prevail at all times. Please consult the insurance contracts for complete descriptions of coverage and exclusions.

Process

For Intact Insurance, Novex or Jevco, there is no change to their personal auto policy wording, however, a note must be added to their policy file in Savers Plus or Contact using the following steps:

 

Step 1: Select “No” when asked whether the vehicle will be used for carrying passengers in the “Questions” tab or  “Assignment” screen.

Step 2: The note must be made with the following verbiage and information:

 

Insured participates in ridesharing with Uber

Vehicle(s) used (model year, make, model):

Driver(s):

New business:

The note must be made when the policy is bound. You do not need to speak with an Underwriter in order to bind coverage.

 

Mid-term or on renewal:

Make a note effective the day you are notified that the insured is an Uber driver.

 

 

 

 

IMPORTANT

Drivers participating in ridesharing must inform their broker or agent, who should then advise the personal auto insurer of the customer to ensure they are properly protected for non-ridesharing use of the vehicle.