Good News for Airbnb Hosts and Uber Drivers: Here Comes InsuranceThe independent sharing economy organization Peers unveils plans for two insurance programs for individuals working in the sharing economy.
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分享利润。分担损失。共享economy gets even more share-y.
Another step in the development of the fast-growing sharing economy is that it is getting its own insurance policies, designed to stabilize income generated by driving strangers around town or letting them stay in your home.
The independent sharing economy organizationPeersjust announced that it has created two separate pools protecting employees of the sharing economy from disastrous, emergency situations. Accommodations hosts and ridesharing drivers can opt in to an insurance program protecting against damages or losses due to unexpected disruptions in employment.
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"A new economy has created new needs that call for new solutions,"Peers executive director Shelby Clark says in a blog post announcing the new insurance programs. "When the solutions don't exist, we will build them ourselves when we can, or we will aim to work with other companies to introduce solutions."
As such, Peers launchedHomesharing Liability Insurance, a personal liability insurance that covers a host on any accommodations hosting service he or she might operate through.Airbnbis the most well known homesharing site, butthere are others, like HomeAway.com and VacationRentals.com. For $36 per month, a host gets protection for up to $1 million of bodily injury to your guest or property damage suffered by your guest. The insurance will also cover a host for up to three months lost income, up to $5,000, if a host damages your home. Oh, and you can opt into the insurance for only the months that you need it.
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Meanwhile, theKeep Drivinginsurance option gives ridesharing drivers working for companies like Uber, Lyft or Sidecar access to a working car in the event that theirs is damaged in an accident. Ridesharing companies don't let drivers work out of other people's cars, but the program designed by Peers partners ridesharing drivers with cars through the hybrid rental companyBreeze. The Keep Driving program, available for $20 per month, is also available for delivery drivers not employed by a ridesharing company.
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