Every Uber or Lyft driver should have rideshare insurance. A rideshare-friendly policy closes gaps in your coverage so you are protected in every situation.
But shopping for rideshare insurance isn’t always easy.
Uber now has a convenient page that lists rideshare insurance carriers in your state.
It uses your geolocation to give you a custom list of insurance companies that offer rideshare coverage in your area.
Figuring out which companies offered coverage used to be a time-consuming project, so this is a great shortcut that can save you hours of research.
Why rideshare insurance is important, and why the insurance page at Uber.com is an amazing tool
Uber and Lyft offer insurance coverage for drivers, but there are potential gaps that can result in big losses.
Without a rideshare insurance policy, your personal collision coverage won’t apply while you are online and waiting for a ride!
Uber and Lyft offer liability coverage while you are waiting for a request, but their policies don’t offer collision coverage during that period.
And if you don’t have a rideshare-friendly policy, your insurance company may cancel your policy if they discover that you drive for Uber or Lyft.
But it’s not always easy to determine which insurance companies actually offer rideshare insurance in your state.
The “Get a fast quote!” comparison websites don’t have great results for rideshare insurance, and major carriers that offer rideshare policies in one state may not provide it in another. So you’re stuck with a big research project.
That’s why the insurance page at Uber.com is so helpful for drivers. It gives you a big head start that will point you in the right direction.
Once you have a list of carriers that meet your needs, it’s easy to get quotes and find a policy that works for you.
This page at Uber.com shows you which major insurance companies offer rideshare insurance in your state
Visit this page at Uber.com to quickly see which insurance companies offer rideshare insurance in your state.
Scroll to the section “Rideshare and delivery Insurance” to find a list of carriers.
Click on each carrier to get more info about their rideshare coverage, and follow the links in each section to get a quote.
What about delivery insurance? The Uber.com page tells you if a policy covers delivery
Many drivers don’t know that some rideshare insurance policies don’t cover delivery activity. That’s bad news if you deliver for Uber Eats, DoorDash, or any other delivery app.
Fortunately, Uber’s insurance page can tell you which rideshare insurance policies cover delivery.
Click each carrier and look for a bullet point that says “provides coverage for delivery activities.” If there’s no mention of delivery coverage, that carrier doesn’t cover it.
In my case, many insurance companies listed for California cover delivery activities, but some don’t.
Allstate, American Family, Farmers, State Farm, and USAA all say that that cover delivery activity.
But Mercury and Progressive don’t say that they cover delivery.
That can help you quickly exclude companies that don’t cover both rideshare and delivery.
What rideshare insurance covers
What does rideshare insurance do? Here are the most essential features that nearly every rideshare policy offers.
Extends your personal policy to cover you while you are waiting for a trip
Without rideshare insurance, the typical personal auto insurance policy will not cover you while you are online and waiting for a trip.
This means that if you get into an accident and don’t have rideshare insurance, you don’t have collision coverage. Damage to your car will not be covered.
Uber and Lyft offer liability insurance while you wait for a trip, but the coverage levels are low, and there is no collision coverage.
With rideshare insurance, your personal policy will now cover you while you are online and waiting for a trip. That means you get collision and liability coverage up to your policy limits.
Pay your policy deductible instead of Uber/Lyft’s $2500 deductible
Uber and Lyft have a contingent collision policy that covers damage to your car, but the deductible is $2500.
Most rideshare insurance policies can match your standard policy deductible, so you don’t have to pay the full $2500 deductible.
So if your rideshare policy has a $500 deductible, you will only have to pay $500 if you get into an accident while you’re online with Uber or Lyft.
Permission to do rideshare: You won’t get dropped!
Many personal auto insurance won’t cover you if you use your car for commercial activity.
Some insurance companies will even cancel your policy or deny a claim if they discover that you are actively driving for Uber or Lyft.
When you have a rideshare insurance policy, you get the peace of mind that your insurer won’t cancel your policy just because you drive for Uber and Lyft.