09
Oct
Car insurance in the sharing economy, particularly in the context of ride-sharing and car-sharing services, has evolved rapidly in recent years. As more people participate in these sharing platforms, the need for specialized insurance coverage has become evident. Here are some emerging trends in car insurance related to the sharing economy: Usage-Based Insurance: Traditional car insurance policies typically provide coverage based on the vehicle's ownership. However, in the sharing economy, coverage needs to be more flexible and based on actual usage. Usage-based insurance models have emerged, where insurance premiums are calculated based on the time the vehicle is actively used…
