April 9, 2021
With increasing numbers of vehicles on the road driving for the rideshare service Lyft, states have been adopting laws requiring the company to provide insurance coverage when its drivers are working for the service. If you’ve been involved in an accident caused by or involving a Lyft vehicle, you may wonder about who actually handles or pays for claims made against the insurance coverage provided by Lyft. You may be surprised to learn that Lyft purchases insurance coverage from an insurance company, just as you purchase auto insurance for your vehicle. Lyft also hires companies to handle the claims made against its insurance coverage. Read more: Uber And Lyft Accidents Insurance Companies That Provide Coverage for Lyft Lyft obtains coverage…