Lyft and Uber only cover rideshare drivers during Periods 2 and 3. Period 2 starts once you accept a pickup request and are driving to pick up your passenger. Period 3 starts once your passenger enters your car. However when you’re online and waiting for a request during Period 1, you have no collision coverage from Lyft or Uber and much lower liability limits. So as a rideshare driver, you’re most at risk during Period 1 since you won’t get any collision coverage from rideshare companies and your personal insurance company likely won’t cover you during this time either.
Rideshare insurance solves this gap by covering drivers during Period 1, and equally as important they won’t drop you for being a rideshare driver.
At the D.O.K. Insurance Agency, we understand that changing your insurance might seem like a daunting task. That is why we do our best to give you affordable options while keeping the process of getting quotes from multiple carriers as simple as possible.
Rideshare insurance will add approximately $100 per year to your insurance policy. Rates and availability may vary so let us shop around for options.