Since this is a time of year where a lot of people start driving for Uber or Lyft to earn some extra cash, we thought it makes sense to give an update. When Uber and Lyft were first introduced, most insurance companies had no options available through personal policies. Since then, things have changed but you’re not automatically covered. You need to take extra steps to make sure you’re properly insured if you drive for a ride share service.
Most companies now have add-on coverage for Uber and Lyft driving. It typically covers the gap in your auto policy coverage that begins the moment you turn on your driver app. Without the proper endorsement, you could be personally liable for property damage, liability for all injuries, and other expenses in an accident – whether it is your fault or not.
Uber and Lyft have very limited coverage protecting you and your vehicle, especially when you have not picked up your ride yet.
So many people are now using their car to make a little extra money, you need to know the risks.
Please contact us no matter who you are currently insured with and we can help you get covered.