Do I need rideshare insurance?

  • Obviously, if you don’t drive for Uber, Lyft, or another rideshare company, you don’t need rideshare insurance. But if you drive as your full-time job or just to make ends meet, supplemental rideshare insurance may be valuable.
  • Rideshare trips are divided into “periods.” Period 1 is when the driver has the rideshare app open but hasn’t matched with a passenger; Period 2 is when the driver and passenger are matched but the passenger hasn’t been picked up; and Period 3 is when the passenger is in the car. Rideshare companies provide coverage throughout, but especially during Period 1 this coverage can be limited.
  • Rideshare insurance is offered as an add-on to a driver’s existing personal policy and bridges the gap in coverage during Period 1 (and, sometimes, offers more comprehensive coverage in Periods 2 and 3). Many popular auto insurance companies, like Geico, USAA, and State Farm, now offer rideshare insurance.