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.
Not exact matches
Meanwhile, the Keep Driving
insurance option gives
ridesharing drivers working for companies like Uber, Lyft or Sidecar access to a working car in the event that theirs is damaged in an accident.
For drivers of Uber, Lyft or other
ridesharing apps, this
option extends your auto
insurance coverage through the first phase of ride - hailing, which is when your app is on and you're looking for, but haven't found, a passenger.
Ridesharing insurance: If you drive for a company such as Uber or Lyft, this option allows you to have one policy that covers both personal and rides
Ridesharing insurance: If you drive for a company such as Uber or Lyft, this
option allows you to have one policy that covers both personal and
ridesharingridesharing use.
The
Rideshare Guy blog has a rundown of Uber
insurance options in various states.
You can replace your existing auto policy with this hybrid
insurance on the
ridesharing vehicle only, but this
option is not available in every state.
Click here to see our round - up of
insurance options for
rideshare drivers.
Many major car
insurance companies have
options for
rideshare insurance, which are usually modified versions of their standard policies.
Luckily, Uber and Lyft have beefed up their
insurance options, and
rideshare insurance has evolved to meet the modern working world.
Update, March 2015: Since we published this story,
insurance options for
rideshare drivers have started to appear.
As he continues with the details, he starts becoming agitated and proceeds to tell you that because you didn't notify your
insurance company before you became a
rideshare driver to discuss coverage
options, your policy has been canceled by the company.
However, you could still risk losing your individual auto coverage if you do not report that you are a
rideshare driver to your
insurance company, so it's best to do so before you weigh your
options.
Rideshare insurance: If you drive for a company such as Uber or Lyft, this
option allows you to have one policy that covers both personal and
ridesharing use.
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.