Melissa Neis, Vice President of Parr Insurance, was featured in the article Sharing Risk by Alex Wright where she provided her take on the difficulties of insuring the growing Sharing economy. The article details how as share economy services continue to rise in popularity, you can expect an increase in use by a substantial amount in years to come. The advantages of services such as Uber, Lyft, and Airbnb are their ease of use and relatively cheaper price compared to traditional taxi or hotel services. Not to mention they are great options to fill your pockets with a little extra money. But the Sharing Economy is facing many risks in years to come regarding legal issues and insurance requirements.
To learn more about the risks of the ever-growing share economy, visit http://www.riskandinsurance.com/sharing-risk/
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