Buckle launches rideshare-only auto insurance in Tennessee

Buckle announced its rideshare-only auto insurance is now available in Tennessee. Last year, the company launched the first of its kind insurance, providing rideshare and Transportation Network Company (TNC) drivers with personal and commercial coverage in one, affordable policy to eligible rideshare drivers in Georgia.

“Buckle is giving gig rideshare drivers long deserved peace of mind by making affordable auto coverage, whether on or off the clock, easily accessible in one comprehensive policy,” said Sharon Fernandez, Head of Insurance at Buckle. “Previously, rideshare drivers were left with few options to stay protected on the road, but Buckle Insurance has been well received since our initial launch, insuring gig drivers throughout Georgia, and we are positioned to rapidly expand in Q1 of this year.

Buckle’s auto insurance products use non-traditional, data sources available on gig workers that traditional insurers do not have access to, including driving track records, crowdsourced from thousands of trips. According to the company, this allows Buckle to provide affordable auto insurance to this new risk class that falls in-between non-prime and deep sub-prime.