Ontario has followed Alberta’s lead in approving coverage that extends from when the app is turned on to when passengers exit the vehicle.
Uber drivers in two Canadian provinces are now insured, as Ontario joins Alberta in approving coverage that extends from when the app is turned on to when passengers exit the vehicle.
Ontario’s insurance regulator announced Thursday that it has approved a policy from Intact Financial Corp. for private vehicles transporting paying passengers through the ride-hailing service.
Last week, Intact began offering coverage for Uber drivers in Alberta and both companies are working with Quebec to get similar insurance in place.
“This new ride-sharing insurance approved by (the Financial Services Commission of Ontario) should serve as a practical solution designed for ride-sharing,” Uber Canada’s general manager, Ian Black, said in a statement.
“Both (Intact) and Uber remain engaged with regulators across Canada to bring new ride-sharing insurance policies that offer a smart, seamless and simple solution for driver-partners.”