Alberta develops insurance policy for riding-hailing companies such as Uber

Alberta has rolled out the details on how it will regulate ride-hailing companies such as Uber and TappCar to ensure they are safe for consumers.

The government has developed an insurance policy that companies can purchase to cover their drivers as part of the requirements they must meet to operate in the province.

The policy, to be available to insurance companies on Friday, is designed to cover drivers from the moment they log onto their company’s mobile app to pick up a customer.

Transportation Minister Brian Mason says two insurance companies are expected to offer similar policies for ride-hailing firms later this summer.

Drivers must also undergo a detailed police check to ensure they are safe to drive vulnerable people such as seniors or children, and must obtain a Class 1, 2 or 4 licence.

TappCar says it applauds the government’s policy, while Uber says it will review the insurance policy and the other rules.

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