Intact brings Uber auto insurance coverage to Ontario

Intact brings Uber auto insurance coverage to Ontario

Intact Insurance has today announced that it is bringing its ride-sharing specific auto insurance coverage to Ontario. The news comes after the Financial Services Commission of Ontario (FSCO) approved commercial fleet coverage for ride-sharing in the province.


The FSCO says the changes to regulations mean insurance companies can now create products to help ride-sharing drivers, giving Uber a clearer path to legality in the province.

“Insurers can now develop insurance policies for purchase by ride-share companies,” the provincial government stated. “This closes the gap in auto insurance coverage for those drivers carrying paying passengers through ride-sharing services.”

Intact’s new coverage allows Uber drivers to create a coverage policy that will be added on top of their existing personal auto insurance plan. The company says this allows for flexibility as drivers will only have to pay for coverage while they are operating for a ride-sharing company.

When using their car for personal use, drivers will be covered under the normal terms of their personal policy. However, under the new regulations and Intact’s product, drivers will be covered from the moment a driver opens the app to find a fare to the moment the passenger is dropped off after the journey.

Earlier in the year, Aviva Canada debuted a similar policy in Ontario and had it approved by the FSCO, and that product works under similar terms to Intact Insurance’s. It helped pave the way for the province to approve auto insurance coverage for TNC operations from all insurers.

Alberta recently became the first Canadian province to fully approve the creation of auto insurance products centered on ride-sharing coverage. Intact Insurance was the first to take advantage of that regulatory amendment and has been providing its Uber coverage in the province since July 1. The company says getting the coverage is easy:

“Drivers participating in ride-sharing must inform their broker or agent, who should then advise the personal auto insurer of the customer to ensure they are properly protected for non-ridesharing use of the vehicle.”

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