Rideshare insurtech Buckle temporarily expands coverage to delivery
Buckle, an insurtech targeting rideshare drivers, has announced temporary insurance approval for its insured drivers to deliver food and supplies during COVID-19 pandemic.
While they’re taking far fewer trips because of social distancing regulations, rideshare drivers have refocused to fill the increasing demand for delivery of all kinds. Buckle now offers protection for those trips for insured members at no increased cost.
Martin Young, co-founder and co-CEO of Buckle says, “While the demand for rideshare services has dramatically dropped off due to COVID-19, rideshare drivers have stepped up to provide essential home delivery that many are relying on while in quarantine.” Young continued to share, “Buckle’s top priority is ensuring its members are fully covered in whatever capacity they are driving.”
Buckle’s goal is to offer streamlined and transparent transactions to those who turn their personal vehicles into revenue-driving opportunities, introducing a rideshare-driver insurance that provides rideshare and Transportation Network Company drivers with both personal and commercial coverage in one.
Drivers current coverage with Buckle allows 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.
“We are thrilled to have secured approval from the Georgia Department of Insurance for members to now deliver goods and packages with the confidence of knowing they are covered during this national emergency,” said Young.