Wednesday, January 28, 2015

Uber Launches HIgh-Tech Insurance System For UberX Drivers

Uber is hoping that UberX drivers will plug in—literally—to a new insurance policy.

In a move that is sure to have repercussions for Uber's ongoing war with regulators and the taxi industry, the ride-sharing giant is rolling out specialized insurance for UberX drivers. Uber and Metromile, an insurance company that produces a special "smart dongle" for cars that tracks mileage, made the announcement in San Francisco on Wednesday. The new insurance product will be available in California, Illinois, and Washington state in the coming months.

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