By: Luke Jones, Published on December 2, 2017 01:51 PM, Last Update on December 23, 2017 10:53 AM
Saskatchewan has debuted its legislation that allows ridesharing companies to operate legally on its roads. However, the province has put a twist on the auto insurance model for companies such as Uber.
Under its Vehicles for Hire Act, the province will require ridesharing companies to file written evidence of a motor vehicle liability insurance policy with a minimum limit of $1 million. The stipulation was announced by Saskatchewan Government Insurance (SGI). Additionally, the company would need to insure vehicles to work under the Automobile Accident Insurance Act.
Like in other Canadian cities and provinces, Uber and other ridesharing providers can decide whether to work with the laws or not operate in the province.
Every company must also provide the following to an insurer:
Among the other items in the legislation:
A prescribed driver’s licence class that will apply to ridesharing company drivers, taxis and limousines.