Today we’re thrilled to announce Lyft’s agreement to partner with MetLife Auto & Home, a long-standing leader in the personal auto insurance industry.
This arrangement is designed to help Lyft continue setting the highest standard for trust and safety in peer-to-peer transportation. In the coming months, we will work together with MetLife Auto & Home to develop insurance solutions that further protect Lyft’s drivers and passengers when utilizing this new sharing economy platform.
Since the beginning, we have worked closely with insurance industry stakeholders to demonstrate Lyft’s rigorous safety measures and have made significant progress, from pioneering the first-of-its-kind $1,000,000 liability policy to playing a founding role in the Peer-to-Peer Ridesharing Insurance Coalition. For a full summary of Lyft's insurance and safety protections, visit our safety page.
MetLife has recognized the opportunity to serve Lyft users in this emerging marketplace for community-powered transportation, with millions of rides shared among users across the country. As we continue to improve the way people get around in our nation’s cities, we look forward to working with a partner committed to innovating alongside these growing trends.
We are now actively working with MetLife Auto & Home on the development of these new solutions, and will have more news to share soon!