GEICO introduces ridesharing product to Pennsylvania drivers
WASHINGTON, D.C., July 31, 2015 – After launching a new ridesharing product in Georgia, Virginia, Maryland and Texas earlier this year, GEICO is now expanding its ridesharing offering to drivers in Pennsylvania.
New and existing drivers that have been approved to drive for Uber (UberX and UberXL), Lyft, Sidecar and other services in Pennsylvania can now get the insurance coverage they need through GEICO.
"With the rapid growth of ridesharing and Transportation Network Companies in Pennsylvania, we are excited to introduce a product that is specifically designed to meet the needs of ridesharing consumers," said Nancy Pierce, GEICO regional vice president. "Our product offers customers a complete insurance solution at an affordable price along with the outstanding customer service they can expect from GEICO."
"Rideshare drivers have unique insurance needs that go well beyond a traditional auto insurance policy," said Othello Powell, director of GEICO commercial lines. "We created this product as a low-cost solution that covers both personal and ridesharing use and other on-demand services."
GEICO's ridesharing product replaces the driver's personal auto policy and provides coverage both for personal and ridesharing use. GEICO will offer the product through GEICO Commercial at a price significantly lower than taxi and commercial rates.
GEICO (Government Employees Insurance Company) is a member of the Berkshire Hathaway family of companies and is the second-largest private passenger auto insurance company in the United States. GEICO, which was founded in 1936, provides millions of auto insurance quotes to U.S. drivers annually. The company is pleased to serve more than 14 million private passenger customers and insures more than 23 million vehicles (auto & cycle).
Using GEICO's online service center, policyholders can purchase policies, make policy changes, report claims and print insurance ID cards. Policyholders can also connect to GEICO through the GEICO App, reach a representative over the phone or visit a GEICO local agent.
GEICO also provides insurance quotes on motorcycles, all-terrain vehicles (ATVs), boats, travel trailers and motorhomes (RVs). Coverage for life, homes and apartments is written by non-affiliated insurance companies and is secured through the GEICO Insurance Agency. Commercial auto insurance and personal umbrella protection are also available.
For more information, go to www.geico.com.