Rideshare delivery drivers, including those working for DoorDash and Uber Eats, require specialized insurance coverage to protect themselves and their vehicles. Here’s what you need to know:
Why Rideshare Insurance is Necessary
- Personal auto insurance policies often don’t cover commercial activities like food delivery, leaving drivers vulnerable to denied claims or policy cancellations.
- Rideshare companies like Uber Eats and DoorDash provide some insurance coverage, but it may not be enough to fully protect drivers.
Types of Insurance Coverage for Rideshare Drivers
- Liability Coverage: Covers damages to others in an accident, with limits typically ranging from $1 million to $2 million.
- Collision Coverage: Covers damages to your vehicle in an accident, with deductibles varying by policy.
- Comprehensive Coverage: Covers non-accident damages, such as theft or vandalism.
- Uninsured/Underinsured Motorist Coverage: Protects you and your passengers if another driver is uninsured or underinsured.
Top Insurance Providers for Rideshare Drivers
- Liberty Mutual: Offers rideshare insurance with flexible coverage options and competitive pricing.
- State Farm: Provides rideshare insurance with gap coverage and deductible reimbursement.
- Progressive: Offers rideshare insurance with comprehensive coverage and flexible policy options.
- Allstate: Offers rideshare insurance with coverage for Period 1 (app on, no passengers) and deductible gap coverage.
- USAA: Offers rideshare insurance with flexible coverage options and competitive pricing.
Cost of Rideshare Insurance
- The cost of rideshare insurance varies depending on the provider, policy options, and driver history.
- Expect to pay an additional $5 to $30 per month for rideshare coverage, with some providers offering discounts for bundling policies.
Tips for Choosing Rideshare Insurance
- Compare quotes from multiple providers to find the best coverage and price.
- Consider your driving habits and needs when selecting policy options.
- Look for providers with experience working with rideshare drivers and a reputation for good customer service