Buckle, a technology-driven financial services company, has been granted temporary approval to add insurance coverage to its rideshare driver members’ policies for the delivery of food, household supplies, and other packaged goods.
Due to the COVID-19 crisis that has forced people to stay home in quarantine, many U.S. gig economy rideshare drivers have refocused to fill the increasing demand for the transportation of a wide range of packages. Buckle’s addition will protect its insured members under these new conditions with added coverage at no additional cost.
According to Martin Young, co-founder and co-CEO of Buckle, the company received approval from the Georgia Department of Insurance for its members to now deliver goods and food during the national emergency.
Earlier this year, Buckle introduced rideshare-only insurance that provides rideshare and transportation network company (TNC) drivers with both personal and commercial coverage in one policy. Buckle currently provides coverage to eligible Lyft drivers in Georgia whether their rideshare app is on or off.
Buckle warned that rideshare drivers may think they are covered by their TNC under these new delivery conditions, but generally are not. This new provision allows Buckle members who have purchased a motor vehicle insurance policy to be covered while delivering for companies like Grubhub, Uber Eats, DoorDash, Amazon Flex, Postmates, and others.
Food and delivery coverage is now in effect for all current Buckle policies, including new or renewed policies, until further notice. No action is necessary for current Buckle members. The company is evaluating the status of its new delivery coverage on a weekly basis. Buckle is also working to make this a permanent addition to its offerings.
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