Widespread access to broadband connectivity and hand-held devices has encouraged the growth of the sharing economy. Owners of vehicles, rental spaces, tools, and other assets now have a new means for generating revenue, while consumers can enjoy services on-demand, without the full commitment of ownership.
Today, car ownership and public transportation are complemented by new options for movement, shared mobility. With a few keystrokes, customers can produce immediate access to cars, bicycles, and scooters. But new flexibility in ownership presents new challenges and questions: when assets, talent, and access are shared, who holds responsibility? How are conflicts addressed and/or claims resolved?
At Liberty Mutual Insurance, we help businesses prepare for the challenges related to the sharing economy and shared mobility so they can grow in this new landscape with confidence.
A pioneer in the sharing economy since 2009, we have been creating a shared mobility risk management practice across all 50 states – and expanding worldwide – with a focus on:
We help prepare you for the sharing economy journey, enabling you to grow from "proof of concept" to "market conquest" with a consistent, stable, and flexible insurance foundation. We bring:
For more information, talk to an
independent agent or contact your broker.
This is a general description of coverages. Not all coverages are available in all states. Contact an independent agent or your broker for policy terms, conditions, and exclusions.
Liberty Mutual Viewpoint™
The sharing economy is now part of how businesses meet consumer needs every day, expanding access and availability to vehicles,
rental spaces, and more. Learn how the sharing economy is redefining ownership and the potential risk management challenges.