Mobility Mutual + Uber Carshare
As a mutual established to provide Uber Carshare’s members with a competitive alternative to insurance, Mobility Mutual offers market-leading protections tailored to peer-to-peer car sharing.
Discretionary cover is provided by Mobility Mutual to members of Uber Carshare’s car sharing community.
The combined financial resources of the Mutual as collected from all members’ contributions effectively funds the payment of claims by the Mutual.
The mutual structure is a very cost-effective way for members to manage the financial risk in relation to their use of cars through the Uber Carshare sharing platform. Managing the risk pool in this manner, along with its tax benefits, enables contributions to be kept at a minimum - allowing Uber Carshare’s car sharing community to grow and achieve its mission of freeing people and the planet from the ‘one person, one car’ mentality.
Uber Carshare members are invited to join Mobility Mutual when:
booking a trip; or
listing an eligible car
as described in the relevant disclosure documents (the FSG, PDS and Protection Wording).
Uber Carshare’s members may apply for and hold one or more of the types of cover offered by Mobility Mutual.
Members’ rights are contained in the Mutual’s Constitution. It describes the board’s powers when considering claims made by members who have acquired any of the covers offered by the Mutual.
Types of cover offered
Mobility Mutual offers two types of discretionary protection for the Uber Carshare community:
Trip Cover, for loss and damage that Borrowers are responsible for during an Uber Carshare; and
Between-Booking Cover, for loss and damage to cars that are dedicated to sharing on the Uber Carshare platform, where that loss and damage occurs outside of a Borrower’s booking.
To have the benefit of cover, members are required to comply with the Uber Carshare member agreement. Exclusions to cover are set out in the PDS for the relevant product.
Full details of the protection are contained in the disclosure documents for the relevant product and should be carefully considered to determine whether the product is suitable for you. The advice contained on this page is general and does not consider your personal objectives, financial situation or needs.
Trip Cover
Trip Cover offers discretionary protection for loss and damage during a Uber Carsharer trip. The contribution that a member of the Mutual pays to access Trip Cover is used to protect them for their liability to the owner of the vehicle for trip damage and loss, and their liability to third parties for third party loss.
For members who take out Trip Cover, different contributions and excess payments will apply, depending on the selection that they make when booking a trip.
Trip Cover Documents
Between-Booking Cover
Between-Booking Cover offers discretionary protection for cars that are dedicated to sharing on the Uber Carshare platform for loss and damage that occurs outside of bookings.