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Pouch Insurance Launches Micro-Fleet Rideshare Program in Partnership With First Acceptance Corporation

$FACOPress releaseMay 27, 2026, 12:55 PM ETRead the release

First Acceptance Corporation (FACO) announced the launch of the Micro-Fleet Rideshare program, an admitted commercial auto product underwritten by its Tennessee subsidiary in partnership with Insurtech Pouch Insurance. The product targets a critical coverage gap for gig-economy fleet owners: liability exposure when drivers are operating vehicles but their TNC platform apps (e.g., Uber, Lyft) are inactive. Pricing is based on a per-mile telematics structure that charges only for off-platform exposure, with discounts for safe driving behavior.

Key figures

Max fleet size
25 vehicles

AI analysis

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