You won't get
rideshare insurance from Nationwide, but it does stand out for offering vanishing deductible insurance, which, like Allstate's Deductible Rewards, takes $ 100 off your deductible for every year of safe driving (with a $ 500 maximum).
For example, you can't have State Farm for your personal auto policy and buy
rideshare insurance from Geico.
Available for: Uber and Lyft drivers Available in: AZ, CA, GA, IL, NV, OK, TX Cost: Starts at $ 0.20 per day, or $ 73 per year If you have a personal auto insurance policy through Mercury, you can purchase additional
rideshare insurance from them for «as little as $ 0.20 a day!»
Not exact matches
Should the
insurance bill pass, Uber would still have to get regulatory approval to actually operate in upstate New York and Long Island
from one municipality at a time, be it Poughkeepsie, Utica, Ithaca, Buffalo, etc. (In New York City, where
ridesharing is forbidden, Uber now operates mostly as a black car service).
A
ridesharing endorsement will help to protect you during the period where the app is on before and after you have a passenger — also known as Period 1 — where
insurance coverage
from the
rideshare company is notoriously low.
To see available
rideshare insurance plans, see the chart below or choose your state
from the dropdown!
Here's what you need to know about
insurance for Uber drivers and Lyft drivers offered by the companies, and
rideshare insurance options
from leading car
insurance companies.
It's important to remember that the
ridesharing industry is very, very young: in just a few short years, it's grown
from nothing to a multi-hundred billion dollar industry with millions of riders and hundreds of thousands of drivers; the auto
insurance industry is very much still catching up.
Rideshare drivers qualify for this type of
insurance because they generate income
from transporting passengers.
During Phase 3, you are taking your passenger
from point A to point B. Most
rideshare apps cover their drivers during the 2nd and 3rd phases, but most do not cover drivers during Phase 1, leaving you at significant risk, since your personal auto
insurance likely does not cover you during this phase, either.
If you are happy with your current
insurance provider, that would be a good place to start your search, though it would be smart to request a
rideshare insurance quote
from several companies for comparison.
Note that
rideshare insurance is an add - on
from your personal auto insurer, not stand - alone coverage.
Allstate does offer a few more coverage options than Geico, including the option to insure your car's sound system (which is usually excluded
from insurance policies) and the option to purchase
rideshare coverage.