The California Department of Insurance authorized Farmers Insurance to sell policies to drivers for companies such as Uber and Lyft for losses these companies don't cover under their limited liability coverage.
Personal auto policies typically exclude coverage when a motorist is using his or her vehicle for commercial purposes.
Policies carried by ride-hailing services typically cover only medical expenses and property damages caused by the drivers. If the driver is injured or his car damaged, those losses are not covered by the policies that companies including Uber and Lyft are req...
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