Allianz expands Car Insurance to cover ridesharing

5 July 2016

Allianz has expanded the cover available under its Private Car Insurance policy to include the use by eligible car owners for ridesharing activities.

Given recent moves by many Australian state and territory governments to formally recognise ridesharing, Allianz has responded to the changing market and seeks to provide certainty of insurance coverage and peace of mind for its customers when they are using their privately owned cars for ridesharing.

Allianz will provide Comprehensive, Third Party Property and Third Party Fire & Theft insurance coverage for Private Car Insurance customers providing ridesharing services. Eligible customers will be covered simply by confirming their ride sharing usage to Allianz, no matter where they live in Australia. Customers who already have an Allianz Private Car Insurance policy can contact us to discuss updating their policy to include ridesharing.

John Myler, Chief Market Manager, said “Allianz is committed to its customers and their changing insurance needs. We recognise that there has been a change in how customers use their cars in the sharing economy and we want to ensure they can continue to trust Allianz to protect them as their insurance needs change.”

Allianz is one of Australia’s leading insurers with over 3 million customers, and provides:

About Allianz Australia
Large General Insurance Company of the Year 2014, 2013, 2012, 2011, 2009*
Best General Insurance Company of the Year 2014, 2012, 2010, 2007, 2006**
Workplace Gender Equality Award 2015, 2014
Women’s Council Employer of the Year Award 2013

Allianz Australia delivers a wide range of personal, commercial and corporate insurance products and services to more than 3 million policyholders. Over 50% of Australia’s top 200 BRW-listed companies have some form of insurance cover with the group and the group provides workers compensation services to around one-fifth of Australian employees.

*Australia & New Zealand Insurance Industry Awards
**Australian Banking and Finance Insurance Awards