Ride-sharing app says insurance rules keeping it off New Brunswick streets
Fredericton passed a bylaw the following April, and Saint John’s city council will review its version on Tuesday.Even with the capital city open for ride-sharing, none of the major players have set up shop.“At first it was just about getting enough drivers,” says Uride founder and CEO Cody Ruberto, “but then we ran into a major hurdle that we hadn’t run into anywhere else.”
“In Ontario, we cover drivers from the moment they open their app to the moment they close their app,” Ruberto says. Ruberto says he has 300 interested drivers in Fredericton alone but only 10 have been able to get that endorsement.He says Uride has spoken to numerous insurance companies and only two seem to be offering the required coverage – with higher premiums and the requirement of six years of driving experience in Canada.“People literally have to cancel their insurance policy, go switch to another company where the rates may be higher.… It’s just been a huge roadblock.
That outcome seems unlikely, with the province’s Financial and Consumer Services Commission saying the requirement won’t be changed.
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