Lyft and Mobilitas Insurance Companies Renew Commercial Insurance Partnership

GLENDALE, Ariz., Oct. 1, 2024

GLENDALE, Ariz., Oct. 1, 2024 /PRNewswire/ -- The Mobilitas Insurance Companies, providers of commercial insurance for the unique and emerging demands of the sharing economy and mobility sector, announced that Lyft has renewed its partnership for ridesharing commercial insurance coverage in 23 states, effective October 1, 2024.

"Mobilitas remains focused on serving the commercial insurance needs of the mobility sector, and it is our privilege to continue partnering with Lyft to effectively manage the business risks related to rideshare," said Jeff Huebner, executive vice president of commercial insurance. "Our unparalleled claims expertise and customizable digital solutions uniquely position us to continue advancing Lyft's innovative approach to safe and reliable transportation."

Lyft and Mobilitas have partnered since 2020, when it was first announced that Lyft had selected Mobilitas to provide ride-sharing commercial insurance coverage in 11 states starting October 1, 2020. The partnership expanded to 18 states in 2021, and to 23 states in 2022.

"We're thrilled to keep our partnership with Mobilitas going strong," said Max Feldman, Lyft's vice president of risk. "Their expertise in the mobility sector and continued collaboration have been a game-changer for us. Since 2020, they've supported our dedication to safety for drivers and riders on our platform. We're excited to continue working together to make transportation even more reliable and secure."

Mobilitas provides custom-built solutions for the sharing and mobility sectors that are digitally focused and simple to use. In addition to providing coverage for ridesharing, Mobilitas offers coverage built for vehicle sharing and rentals, subscription services, non-emergency medical transport, and on-demand and last-mile delivery, while continuing to grow in developing mobility sectors.