Discussion in 'Licensed' started by blackice, May 1, 2016.
You need commercial insurance to do any ride sharing service.
You just need to have a TNC add on which adds coverage to the grey parts of the Uber/Lyft coverage (ie when you are driving with out a passenger and without a ride request) most insurance companies that offer this charge a $15-50 a month extra fee
Without speaking for other carriers, Progressive and Geico both told me the same thing.
A personal auto insurance policy does not cover commercial usage ie: people paying for rides. They said if you get into an accident and they find out you were logged into Uber/Lyft then your claim will be denied, and you'll be personally liable for all damages.
Both companies told me that if driving for a TNC you must have a commercial policy to do so. Both offered me quotes on commercial insurance. Both told me that I'd have to have Uber send them a letter proving my driver account has been deactivated in order to continue or renew my personal insurance.
So back to the original topic... Regardless of if you do Black/Select, even if you just do UberX/XL, you still need to update your insurance coverage.
I have USAA ride share/TNC policy rider for $12/mo extra that covers my period 1 uber rides. It's not commercial insurance but USAA is fully aware of my activities and declares I'm totally covered.
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