US insurer is the latest to join clutch of carriers now offering insurance for ride-hailing apps
Allstate has become the latest carrier to start offering insurance for ride-hailing apps which continue to gain popularity across the United States.
The insurer said its ride for hire policy will cost between $15 and $20 per average policy. It will cover drivers who get into an accident while they are on their way to pick up new fares.
Allstate said it can also help drivers fill in gaps in their policies.
Allstate said it will offer Ride for Hire coverage in Colorado, Illinois, Texas and Virginia in 2015 and said it plans to start offering the coverage in other major markets in 2016.
Companies including Farmers, Geico, and USAA also started offering ride-sharing insurance in a few states earlier this year.
In the UK, Uber has repeatedly stressed it is a technology company and not a taxi business - therefore individual drivers must be responsible for arranging their own insurance.