Contents:

    Listen to this episode on your phone here.

    Insurance is an essential part of the rideshare industry, but it’s not always the most exciting topic. My opinion of insurance changed when I had the opportunity to chat with Douglas Ver Mulm of Stable Insurance. In this episode, I chat with Douglas about how Stable focuses on gig workers and rideshare/delivery drivers in particular.

    Intro to Douglas Ver Mulm

    • Finance background, self-trained coder
    • Pre-Stable, worked as a lawyer, fleet owner
    • Took first Uber ride in 2011

    Technology in Insurance

    • Dashboard telematics
    • Dash cameras
    • Tech that’s been around for the last 10 years!

    Challenges of Insurance – How Stable Works

    • People were adding dash cameras as theft protection, etc.
    • Took a while for insurance companies to realize the value
    • Managing General Agent – Insure-tech
    • Dash-cam first company

    Insurance Product

    • Illinois is the first market
    • Provides you the coverage you need
    • Optional insurance additions if drivers choose
    • Ex. Better deductibles if drivers choose

    What’s Next for Stable?

    • June 22 launches in Illinois
    • Expanding into other states
    • Become a member of the Stable platform to track analytics, etc.

    Show Notes

    StableIns.com

    hello@stableins.com

    7 Reasons Why Uber and Lyft Drivers Are Quitting Rideshare!

    Harry Campbell

    Harry Campbell

    I'm Harry, the owner and founder of The Rideshare Guy Blog and Podcast. I used to be a full-time engineer but now I'm a rideshare blogger! I write about my experience driving for Uber, Lyft, and other services and my goal is to help drivers earn more money by working smarter, not harder.