By CBS News
Last year, e-scooters zoomed past station-based rental bikes as the most popular form of shared “micro-mobility” transportation, with rental companies like Lime and Bird renting 85,000 e-scooters across the country, according to the National Association of City Transportation Officials.
Aside from the backlash, riders need to be aware that they are taking some risks when they ride e-scooters, including the possibility they might not be covered by their auto policy in case of an accident. Furthermore, the National Association of Insurance Commissioners (“NAIC”) pointed out that not all cities have the same insurance standards for e-scooter companies.
Auto insurance policies generally exclude liability coverage for vehicles with fewer than four wheels. Loretta Worters, spokeswoman for the Insurance Information Institute, which represents auto and home insurers, said on the subject that those who plan to rent an e-scooter can purchase scooter insurance, and regular riders may want to increase their “umbrella” coverage, which protects policyholders against perils not covered by other policies.
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02 Jul 2019