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Uber and Lyft provide insurance coverage for their drivers, but it's important to understand how it works and what it covers.
When your Uber or Lyft app is off:
Your personal auto insurance policy is primary. This means your personal insurance will cover any accidents you cause while driving for Uber or Lyft, even if the app is off.
When your Uber or Lyft app is on but you're waiting for a ride:
Uber or Lyft's contingent liability insurance is primary. This means Uber or Lyft will cover any accidents you cause while waiting for a ride, up to $50,000 per person for bodily injury and $25,000 per accident for property damage.
Your personal auto insurance is secondary. This means your personal insurance will only kick in if Uber or Lyft's contingent liability insurance is exhausted.
When you're matched with a rider and driving to their location:
Uber or Lyft's contingent liability and uninsured/underinsured motorist (UM/UIM) insurance is primary. This means Uber or Lyft will cover any accidents you cause while driving to a rider's location, up to $1 million per accident for bodily injury and $500,000 per accident for property damage.
Your personal auto insurance is excess. This means your personal insurance will only kick in if Uber or Lyft's contingent liability and UM/UIM insurance is exhausted.
When you have a rider in your car:
Uber or Lyft's full liability, UM/UIM, collision, and comprehensive insurance is primary. This means Uber or Lyft will cover any accidents you cause while driving with a rider in your car, up to $1 million per accident for bodily injury and $500,000 per accident for property damage.
Your personal auto insurance is excess. This means your personal insurance will only kick in if Uber or Lyft's full liability, UM/UIM, collision, and comprehensive insurance is exhausted.
Here are some additional things to keep in mind about Uber and Lyft insurance:
1. You may need to purchase a rideshare endorsement for your personal auto insurance policy. This endorsement will provide additional coverage for accidents that occur while you're driving for Uber or Lyft.
2. Uber and Lyft's insurance coverage is not available in all areas. Check with your Uber or Lyft app to see if insurance coverage is available in your area.
3. It's always a good idea to have a thorough understanding of your insurance coverage, whether you're driving for Uber or Lyft or not. This will help you avoid any surprises in the event of an accident.
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