{"id":161,"date":"2022-03-04T14:58:20","date_gmt":"2022-03-04T14:58:20","guid":{"rendered":"http:\/\/mckennains.com\/blog\/?p=161"},"modified":"2022-03-04T15:05:11","modified_gmt":"2022-03-04T15:05:11","slug":"rideshare-insurance-for-uber-and-lyft-drivers","status":"publish","type":"post","link":"https:\/\/mckennains.com\/blog\/2022\/03\/04\/rideshare-insurance-for-uber-and-lyft-drivers\/","title":{"rendered":"Rideshare Insurance for Uber and Lyft Drivers"},"content":{"rendered":"

On average, the roughly 1.5 million to 2 million people in the U.S. who drive for both Uber and Lyft earn $18.15 an hour before expenses. Just one car accident, though, could easily eat up that money\u2014and more. That\u2019s why Uber and Lyft drivers likely need separate rideshare insurance to supplement both personal auto insurance and the coverage that\u2019s automatically provided by rideshare companies. A driver\u2019s financial stability could ride on whether they\u2019ve got rideshare insurance.<\/p>\n

To understand the insurance for rideshare driving, it\u2019s important to know the three phases while a rideshare app is on:<\/p>\n

    \n
  1. Available:<\/strong>\u00a0The driver is available to pick up a passenger.<\/li>\n
  2. En route:<\/strong>\u00a0The driver has accepted a ride and is on the way to pick up the passenger.<\/li>\n
  3. On the trip:<\/strong>\u00a0The driver has picked up the passenger and is on the way to the passenger\u2019s destination.<\/li>\n<\/ol>\n

    When an Uber or Lyft driver\u2019s rideshare app is off, their personal auto insurance applies. But when the app is on, Uber and Lyft provide some coverage on the driver\u2019s behalf. Personal auto coverage typically excludes rideshare trips. That\u2019s because your auto insurance company has priced the policy assuming you\u2019re driving yourself, relatives and\/or friends, and that you aren\u2019t earning money from private trips and putting a lot of extra miles on your car.<\/p>\n

    As a result, a rideshare driver\u2019s personal auto policy typically won\u2019t supply coverage while you\u2019re making rideshare trips. A rideshare driver might be happy with the insurance provided by the rideshare company, especially if the driver carries only the minimum personal auto insurance required by the state. In those cases, a million dollars in liability coverage from Uber can look like a major bonus.<\/p>\n

    But there can still be gaps, which is where rideshare insurance comes in. For example, rideshare companies don\u2019t provide collision or comprehensive insurance when the app is on and the driver is waiting for a ride request. And a personal auto policy that includes collision and comprehensive likely won\u2019t cover that period. So, if you accidentally back into a pole, you\u2019d have no insurance for the damage. Without additional rideshare coverage from their personal auto insurer, drivers may find their existing coverage may not apply to a loss that occurs while they are acting as a rideshare driver.<\/p>\n

    At George E. McKenna Insurance Agency, your road safety is very important to us. Call us at (508) 892 8133<\/a> or visit our website at https:\/\/www.mckennains.com\/<\/a> to discuss your auto insurance needs. We can provide coverage from many insurance carriers so you receive the insurance for your budget and needs!<\/p>\n

    Source: https:\/\/www.forbes.com\/advisor\/car-insurance\/rideshare-insurance\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    On average, the roughly 1.5 million to 2 million people in the U.S. who drive for both Uber and Lyft earn $18.15 an hour before expenses. Just one car accident, though, could easily eat up that money\u2014and more. That\u2019s why Uber and Lyft drivers likely need separate rideshare insurance to supplement both personal auto insurance
    + Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[87,88,86,5,85,121,123,89,119,120,122],"class_list":["post-161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto-insurance","tag-george-e-mckenna-insurance-agency-inc","tag-george-e-mckenna-insurance-agency-inc-insurance-leicester-ma","tag-insurance-leicester-ma","tag-leicester","tag-leicester-ma","tag-lyft","tag-lyft-drivers","tag-personal-insurance-leicester-ma","tag-rideshare-insurance","tag-uber","tag-uber-drivers"],"_links":{"self":[{"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/posts\/161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/comments?post=161"}],"version-history":[{"count":1,"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/posts\/161\/revisions"}],"predecessor-version":[{"id":163,"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/posts\/161\/revisions\/163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/media\/164"}],"wp:attachment":[{"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/media?parent=161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/categories?post=161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mckennains.com\/blog\/wp-json\/wp\/v2\/tags?post=161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}