Did you have any idea that your personal auto insurance policy might not cover you when you are working? Several personal car insurance policies have ridesharing exclusions. If you’re considering becoming a Lyft or Uber driver, you might need to double check the policy and contemplate buying commercial car insurance for your own protection.

 

What Should You Do If Your Personal Auto Policy Isn’t Sufficient?

The simplest method of checking your auto insurance policy details is to contact your carrier. An agent or representative will have the ability to inform you if you have the insurance coverage needed or if there are any exclusions. If it’s excluded, you’ll have a few options:

• If your personal car insurance carrier doesn’t provide commercial car insurance, and you need more coverage than Lyft and Uber provide, you might want to research insurance for rideshare. That coverage extends your personal policy in order to cover you when you’re on the clock yet haven’t yet accepted a request for a ride. Once you accept the ride, the Lyft or Uber coverage takes over. In addition, rideshare insurance safeguards you from your insurance carrier, and prevents them from canceling your insurance policy for being a rideshare driver.

 

• Lyft and Uber provide their own car insurance which you might take advantage of. If the personal policy you have does not apply while you are available or waiting around for a request for a ride, Uber has 3rd-party liability. There also is a greater limit 3rd-party liability if you’re on the way to pick riders up or in the midst of a trip. Lyft provides likewise liabilities during those different times. But those liabilities still may depend upon the personal policy you have. They might ask that you keep specific coverages, such as collision and comprehensive, or that specific deductibles get paid first.

 

• Your personal car insurance carrier might provide commercial car insurance that would cover you. Go to your carrier’s site or ask an agent or representative what there is available or what partner carriers they usually work with that would offer you the protection needed.

 

If you live in the Doylestown PA area, get the coverage you need right away.