Buckle, a U.S.-based financial services, announced on Wednesday it has been temporary approval to add insurance coverage to its rideshare driver members’ policies for the delivery of food, household supplies, and other packaged goods during the COVID-19 pandemic.
Buckle reported that due to the virus, which has forced people to stay home in quarantine, many U.S. gig economy rideshare drivers have refocused to fill the increasing demand for the transportation of a wide range of packages. The company is now looking to protect its insured members under these new conditions with added coverage at no additional cost.
Speaking about the new insurance coverage, Martin Young, Co-Founder and Co-CEO of Buckle, reported that although the rideshare service demand has dropped significantly because of the virus, rideshare drivers are now stepping up to provide essential home deliveries to those needing supplies while in quarantine.
“Buckle’s top priority is ensuring its members are fully covered in whatever capacity they are driving. We are thrilled to have secured approval from the Georgia Department of Insurance for members to now deliver goods and packages with the confidence of knowing they are covered during this national emergency.”
Buckle further explained that food and delivery coverage is now in effect for all current Buckle policies, including new or renewed policies, until further notice. No action is necessary for current Buckle members.
Founded in 2017, Buckle state provides financial products and services to the shared economy. The company revealed that beginning with insurance, its goal is to offer streamlined and transparent transactions to those who turn their personal assets into revenue-driving opportunities.