Compare Rideshare Car Insurance: Rates, Discounts, & Requirements [2024]
Rideshare insurance covers any gaps in coverage between your personal car insurance policy and the policy your employer provides. Rideshare insurance is much less expensive than commercial car insurance coverage (USAA rideshare insurance is only $6 a month). It's important to get rideshare insurance if you plan on driving for Uber or Lyft as your personal car insurance policy will not cover you on the job.
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Brad Larson
Licensed Insurance Agent
Brad Larson has been in the insurance industry for over 16 years. He specializes in helping clients navigate the claims process, with a particular emphasis on coverage analysis. He received his bachelor’s degree from the University of Utah in Political Science. He also holds an Associate in Claims (AIC) and Associate in General Insurance (AINS) designations, as well as a Utah Property and Casual...
Licensed Insurance Agent
UPDATED: Nov 27, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 27, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Rideshare insurance fills in the coverage gaps between your personal car insurance policy and your employer’s.
- Rideshare insurance is much less expensive than commercial car insurance.
- Coverage and rates differ from company to company.
Ridesharing is a great way for people to make extra money with a part-time gig, but did you know you need rideshare insurance to make sure you’re covered on the job?
Personal car insurance policies don’t typically cover commercial or business use of a vehicle. If you get in an accident while driving for Uber or Lyft, not only will you not be covered, but you could also lose your car insurance altogether.
Keep reading to learn how much rideshare insurance costs, what it covers, and how it differs from other types of car insurance coverage. Then enter your ZIP code above to find affordable rideshare insurance quotes from providers near you.
How much does rideshare insurance cost?
Unfortunately, rideshare insurance typically costs more than a personal car insurance policy. However, on the bright side, rideshare insurance typically costs less than a commercial car insurance policy.
Why does this matter? Well, your personal car insurance policy won’t cover you if you’re on the job and have neglected to tell them you use your vehicle for ridesharing. And if you get a commercial car insurance policy, your rates could skyrocket.
That’s where rideshare insurance comes in. For only a few dollars more a month, you can get rideshare insurance add-ons that cover you whether you’re on the job or not. And you won’t have to spring for the extra expensive commercial car insurance policy.
Prices for rideshare insurance will vary from company to company. For example, USAA rideshare insurance costs only $6 a month while some insurers may charge as much as $300 a year. Compare rideshare auto insurance quotes from multiple companies to find the best deal.
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What does rideshare insurance cover?
Rideshare insurance companies can differ when it comes to policy types and coverage amounts. For example, Allstate rideshare insurance covers you while waiting for a rideshare request, while driving to a pick-up point, and while driving a passenger. Alternatively, Progressive rideshare insurance only covers you while waiting for a rideshare request.
In some cases, the rideshare company will provide auto insurance that may cover you while you are on the job, but it’s important to have rideshare insurance to fill in any gaps between your personal coverage and the coverage your company provides.
Rember to compare rideshare car insurance rates from company to company to make sure you’re getting the coverage you want at an affordable price.
How does rideshare insurance differ from other types of car insurance coverage?
A personal car insurance policy only covers the personal use of a vehicle. This means that your liability, collision, and comprehensive car insurance only take effect when you’re using your vehicle for non-business purposes.
Ridesharing companies may also offer car insurance coverage for when you’re on the clock and driving passengers to places, but this type of insurance doesn’t always cover you, and you may be caught paying out of pocket for accidents that occur while you’re waiting for a rideshare request.
Rideshare insurance add-ons fill in the gaps between your personal car insurance policy and the coverage your employer might provide. And since it’s less expensive than a commercial car insurance policy, rideshare insurance can be a real lifesaver.
Now that you know all about rideshare insurance, starting shopping for a policy today. Enter your ZIP code into our free comparison tool below to buy rideshare car insurance from providers in your area.
Frequently Asked Questions
What is rideshare car insurance?
Rideshare car insurance is a type of auto insurance coverage specifically designed for drivers who work for ridesharing platforms like Uber or Lyft. It provides coverage for both personal and commercial use of the vehicle while driving for these platforms.
Why do I need rideshare car insurance?
Personal auto insurance policies typically exclude coverage when the vehicle is used for commercial purposes. Rideshare car insurance fills this gap by providing coverage during the periods when a driver is logged into the ridesharing app and available to accept passengers.
What are the benefits of rideshare car insurance?
Pros:
- Provides coverage during all stages of ridesharing, including waiting for passengers, en route to pick up passengers, and transporting passengers.
- Protects your personal assets and finances in case of an accident.
- Offers peace of mind and eliminates the risk of coverage gaps.
- Some insurers offer additional benefits such as roadside assistance and rental car coverage.
Are there any discounts available for rideshare car insurance?
Yes, some insurance companies offer discounts specifically for rideshare drivers. These discounts may vary depending on the insurer, but common ones include multi-policy discounts, safe driving discounts, and discounts for completing a defensive driving course.
What are the requirements for rideshare car insurance?
The requirements for rideshare car insurance vary depending on the insurance company and the state where you reside. However, common requirements include:
- Maintaining a personal auto insurance policy.
- Being an active rideshare driver for platforms like Uber or Lyft.
- Ensuring the vehicle meets certain criteria set by the insurance company, such as age and condition requirements.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
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Brad Larson
Licensed Insurance Agent
Brad Larson has been in the insurance industry for over 16 years. He specializes in helping clients navigate the claims process, with a particular emphasis on coverage analysis. He received his bachelor’s degree from the University of Utah in Political Science. He also holds an Associate in Claims (AIC) and Associate in General Insurance (AINS) designations, as well as a Utah Property and Casual...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.