UBER DEPENDS HEAVILY ON INSURANCE

The ride-sharing Pioneer has Insurance reserves of close to 3 billion dollars set aside according to regulatory fillings made in preparation for its Planned Initial Public offering (IPO) Uber could raise 10 billion dollars from its planned IPO. But they wouldn’t be in this position without Insurance.

In its recent filing, the company said ”Our business depends heavily on Insurance coverage for drivers and on other types of insurance for additional risk related to our business.

For some of their Insurance needs, Uber and its drivers rely on traditional insurers. Insurance for Uber’s ride sharing operations include third-Party automobile liability, automobile comprehensive and collision, Physical damage, unisured and underinsured motorist coverage.

3 thoughts on “UBER DEPENDS HEAVILY ON INSURANCE

  • September 11, 2019 at 9:26 pm
    Permalink

    I simply couldn’t depart your web site before
    suggesting that I really loved the usual information an individual provide on your visitors?

    Is going to be back continuously in order to investigate cross-check new posts

    Reply
  • September 16, 2019 at 4:37 pm
    Permalink

    If you want to obtain a great deal from this piece of writing then you
    have to apply such techniques to your won blog.

    Reply
  • September 17, 2019 at 5:02 pm
    Permalink

    Its like you learn my mind! You seem to grasp so much about this, such as you wrote the book in it or something.
    I think that you could do with a few % to drive the message house
    a bit, but instead of that, that is magnificent blog. A fantastic read.
    I’ll definitely be back.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *