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Driving for Lyft or Uber can be a great way to monetize your commute. One can earn eatra money or have a job with great flexibility.
However, if you drive for a rideshare company you need to check your insurance policy to see if you are covered.
There are gaps in coverage when driving for rideshare companies like Lyft and Uber.
Lyft and Uber also have large deductibles when you are covered. Lyft has a $2500 deductible and Uber has a $1000 deductible.
This can really sting if you can’t afford to get your vehicle fixed or you’re not covered – especially if driving is all your income or a big portion of it. No vehicle – no way to earn!
If you need help reviewing your policy or would like to get quotes contact 612.460.7796.
The Insurance Specialists Team represents many companies that offer rideshare insurance. Often they can get you a policy for less than you’re currently paying. 612.460.7796