American Property Casualty Insurance Association
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Jeffrey Brewer







May 28, 2014

Insurance Trade Group Backs Proposed Ride Sharing Regulations in Columbus


COLUMBUS, Ohio – The Property Casualty Insurers Association of America (PCI) is offering support for proposed code changes that will add regulations for peer-to-peer transportation services into the city’s Vehicle for Hire code. Councilmember Zach M. Klein, chair of the Public Safety and Judiciary Committee, will hold a public hearing in Council chambers today at 2 p.m. to discuss the issue.

“The city of Columbus is on the right track with the proposed regulations for ride sharing activities,” said Jeffrey Junkas regional manager for PCI. “The latest changes to Chapter 588 of the Vehicle for Hire code sets a reasonable standard to ensure that ride sharing activities are properly insured and that drivers, passengers and the public are protected if there is an accident.”

Key insurance elements of the proposal include providing for a “bright line rule” with respect to responsibility for insurance coverage; requiring many of the same coverages as common in the personal lines market to protect drivers, passengers and the public; and requiring disclosures by drivers to their primary auto insurers about their participation in ride sharing activities.

“This proposal will help close the insurance coverage gap currently looming in this growing market that Lt. Governor Mary Taylor warned about,” said Junkas. “It also establishes that the ride sharing firms’ insurance coverage is primary from the time their drivers make themselves available for business by turning on the app to the time they turn it off. This is an appropriate method to help avoid costly legal disputes that impact all drivers’ insurance costs. PCI supports innovation and competition in the transportation marketplace, but it must be coupled with appropriate consumer protections. As we support the efforts of the city of Columbus we are also advocating for a statewide solution to ensure that there is a uniform approach across the state.”

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.