HopSkipDrive insurance overview

Written by Aylin Cook

HopSkipDrive maintains robust casualty insurance designed specifically with the interests of its partners and Users in mind. In particular, HopSkipDrive’s insurance accounts for the fact that most Riders are youth and other vulnerable populations, and has been designed specifically based on actual data relating to ride volume, incident rates and total exposure.

In particular, HopSkipDrive maintains:

Commercial Auto Liability Insurance
General Liability Insurance
Sexual Misconduct Insurance
Cyber Liability Insurance
Employer’s Liability Insurance
Workers Compensation Insurance
Umbrella/Excess Liability

HopSkipDrive only works with trusted insurance carriers with an AM Best rating of A and above.

How does HopSkipDrive’s insurance differ from other companies?

HopSkipDrive’s coverage is primary. HopSkipDrive’s commercial casualty coverage is specifically designed to insure all HopSkipDrive services.
- HopSkipDrive’s Auto Liability policy specifically covers all rides. While CareDrivers do have personal auto insurance, HopSkipDrive’s auto insurance is primary and would cover accidents and injuries during a ride.
  - Compare this to a broker model where, generally, the broker’s subcontractors’ insurance is primary to that of the broker.
  - HopSkipDrive is removing the middle man, which means that prospective partners only need proof of HopSkipDrive’s coverage as it insures all of HopSkipDrive’s services.
- Similarly, HopSkipDrive’s General Liability and Cyber insurance policies are designed to cover all HopSkipDrive services. Sexual Misconduct Insurance specifically includes CareDriver actions.
HopSkipDrive is subject to stringent regulations. As a transportation network company, HopSkipDrive is subject to stringent regulatory requirements relating to auto insurance coverage. Often, HopSkipDrive is required to maintain proof of commercial coverage on file with regulatory bodies, and would be subject to penalties in the event coverage does not meet local requirements.
HopSkipDrive’s auto insurance is based on telematics data. HopSkipDrive is relentless about safety, and its casualty insurance providers have complete transparency into safety data.
- For example, HopSkipDrive’s Auto Liability insurance provider utilizes real-time telematics data through sensors in smartphones.
- This telematics data detects the six riskiest driving behaviors: rapid acceleration, tight turning, hard braking, speeding, device usage while driving and collision detection.
- Not only does this provide HopSkipDrive and CareDrivers with complete transparency into driving behavior, but it also means that HopSkipDrive’s Auto Liability insurance is based on real data.