There are several types of insurance that drivers can invest in. One of the newer insurances includes rideshare insurance. For those in the rideshare industry, this type of insurance is essential to have to offer you optimal protection. Read on for a comprehensive overview of what rideshare insurance is.
What is Rideshare Insurance?
Rideshare insurance is a type of coverage that protects those who are driving for a rideshare service like Uber or Lyft. Some auto insurance coverages may provide some insurance that applies to rideshare services, but this insurance is usually limited.
Rideshare insurance in Rockford offers additional coverage that can be added to a personal auto policy to help fill coverage gaps.
Is Rideshare Insurance in Rockford Required?
It’s important to note that rideshare companies are typically mandated by state law to provide coverage for drivers. But this doesn’t mean that the company’s policy will cover a driver in every situation. As a result, it’s always best to think about rideshare coverage to protect against unexpected situations.
How Does Rideshare Insurance Work with a Rideshare Company?
When drivers are offline (not doing rideshare services), their personal auto insurance policy will take over.
When drivers are waiting for a ride request, the rideshare company may provide insurance that covers liability for things like bodily injury and property damage.
Once a driver accepts a request, rideshare insurance through the rideshare company may include liability for bodily injury and property damage and contingent coverage for physical damage to the driver’s vehicle.
Drive More Securely with Rideshare Insurance
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