On the same day I posted about Uberx and insurance, Uberx issued a new subscriber agreement. I think this fills the role of the older service agreement. Both agreements have confidentiality clauses so I will not quote and will sparingly disclose the contents.
Bottom line: the new agreement is much better than the old around insurance. Rather than telling the driver to get insurance that covers P2P (old) it now tells us our insurance may not cover P2P(new). This is a big improvement,
The agreement then discusses the Uberx insurance policy. In the agreement, it is only a liability policy - it does not cover the damage to the Uberx driver's car. However, the description of the insurance on the Uber blog says it does provide contingent collision and comprehensive deductible. This insurance is discussed here:
http://blog.uber.com/uberXridesharinginsurance
Having driven extensively on DC streets for a whole 3 days now, I have already avoided potential accidents where an unsympathetic police officer might declare me liable. The most ambiguous situations are lane changes in congested areas. Even when I have plenty of space, an oncoming car that declines to let up on the gas might catch my quarter panel rather than my bumper.
I have not found any public statements by insurance companies on their attitude toward P2P. I just bought a GEICO policy and cancelled my USAA policy because I have a ton of insurance with USAA and do not want to jeopardize that relationship. I will be interested to see USAA's response.
The GEICO application did not have a question for P2P. It did have a question for business use of the vehicle and I truthfully declared I was using it to drive to job sites. Once I am at the job site (respond to an Uber ping), then I pop off the private insurance and onto Uber's commercial policy.
When I get my GEICO policy documents, I'll look for the P2P language.
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