Challenge: Many gig workers, such as rideshare drivers and delivery couriers, use personal vehicles for work. Personal auto insurance typically does not cover commercial use.
Shift: Insurance companies are evolving hybrid or gig-specific auto policies that combine the elements of personal and commercial auto coverage, or "rideshare insurance," that will be in force while workers are driving for platforms like Uber or DoorDash.
1) Unemployment and Retirement Benefits
Challenge: Gig workers have no access to traditional unemployment benefits, and retirement savings plans are typically not offered by gig platforms.