American Property Casualty Insurance Association
  • Staff Contact: Nicole Mahrt-Ganley     
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Nicole Mahrt Ganley


916-440-1116 or cell 916-616-5855





March 7, 2014

Colorado’s SB 125 Forces Personal Auto Policies to Cover Commercial Risks

PCI urges more discussion on when commercial coverage is triggered

DENVER, CO – The following statement by the Property Casualty Insurers Association of America (PCI) is in response to the Colorado State Senate voice vote this morning to approve SB 125, a bill to allow Transportation Network Companies (TNCs) to operate in Colorado with limited regulation by the Colorado Public Utility Commission,  Ride-sharing is a new transportation trend in major cities around the country where a company uses a smartphone app to connect drivers with people needing a ride for a fee as part of an organized program.  The following statement can be attributed to Kelly Campbell, PCI vice president.

“We appreciate the concerns voiced by the Senate and their attempt to address the very real world insurance issues raised by the TNC’s business model.  However, the bill as amended on the floor today still requires a personal auto policy to cover what we believe to be commercial activity. We are hopeful as the bill moves forward we can continue the dialogue to address the impacts of this bill on all Colorado drivers. As an industry we continue to believe that commercial activity begins before a driver and rider are matched. TNC drivers are on the job when they are logged on the app and available to accept ride requests.  This is when we believe commercial activity starts and the TNC’s insurance policy should step in.”

PCI is composed of more than 1,000 member companies, representing the broadest cross-section of insurers of any national trade association. PCI members write over $195 billion in annual premium, 39 percent of the nation’s property casualty insurance. Member companies write 46 percent of the U.S. automobile insurance market, 32 percent of the homeowners market, 37 percent of the commercial property and liability market, and 41 percent of the private workers compensation market.