Innovations In Ride-Sharing: Lyft Introduces The Opposite Of Surge Pricing

Innovations In Ride-Sharing: Lyft Introduces The Opposite Of Surge Pricing

One of the controversial features of car-summoning app Uber is that the company modulates supply and demand for rides with surge pricing. Think about all of the times that it’s hard to get a cab: Uber solves this problem by hiking rates, incentivizing drivers to stay on the road, and incentivizing people without money to take the bus. This approach is controversial, and competitor Lyft is seeking attention by doing the exact opposite. [More]

Uber And Lyft Expand Insurance, Now Cover Drivers Between Jobs

Uber And Lyft Expand Insurance, Now Cover Drivers Between Jobs

UberX and Lyft are services that let ordinary drivers ferry strangers around for extra cash. When there’s a crash or other disaster, there can be a gap between where the driver’s personal auto insurance coverage ends and the ride-sharing service’s coverage for drivers begins. Today, competitors UberX and Lyft announced extra insurance for drivers who are technically off-duty.  [More]

(C_Dubyaa)

True Confessions Of A Temporary UberX Driver

If you’re 23 or older, have a driver’s license and car insurance, and have a nice, clean late-model four-door car, you can sign up to drive strangers around for UberX. Should you? Well, it depends on your feelings about voyeurism, cash, and people eating in your car. [More]