Uber and Lyft, each, provide their drivers with near-identical insurance coverage. If you’re an Uber or Lyft driver, you should be aware of the $1 million insurance policy offered to drivers, as well as other policies.
It’s important to know which coverage applies if you’re ever in an accident.
In fact, there are four different scenarios in which Uber and Lyft provide insurance coverage parameters for your review, available on their websites:
- Driving, online, waiting for a ride request
- Driving, online, on your way to pick up a rider
- Driving, online, while a rider is in your car
- Driving, offline, (driving for personal use)
To save you a trip to each website, we’ve laid them out here, in detail:
Driving, online, waiting for a ride request
When you’re driving online, waiting for a ride request, you’re protected under by the Uber and Lyft insurance policy for:
- Liability to a third party if an accident is your fault
- Another party’s medical bills resulting from the accident
- Another party’s property damage resulting from the accident
Coverage in these situations is up to* $50K injury liability per person, with $100K per accident and $25K in property damage.
*Contingent on your personal insurance coverages.
Driving, online, on your way to pick up a rider
As you make your way to pick up your next rider, Uber and Lyft insurance policies, respectively, have you covered for:
- Third party liability coverage – Liability damages to a third party, like another driver, a pedestrian, or property if you are at fault. This coverage runs up to $1,000,000.
- Uninsured or underinsured motorist bodily injury coverage – Coverage for any occupant in your vehicle that doesn’t have insurance, or doesn’t have sufficient coverage; plus, hit-and-run accidents when the at-fault party can’t be identified. This coverage runs up to $1,000,000.
- Contingent collision and comprehensive coverage – Covers your vehicle, whether the accident is your fault or not, as long as your personal insurance includes collisions coverage, while you’re not on an Uber trip. This covers the total value of your vehicle but has a $1,000 deductible.
Driving, online, while a rider is in your car
After you pick up your rider, you maintain the exact same coverages as when you were en-route to the pickup location.
The only difference is that the rider in your car is, also, now covered with the same $1,000,000 policy
Driving, offline (driving for personal use)
It’s important to note that any accident which occurs while you’re not online, with Uber or Lyft, will not be covered by any of the aforementioned insurance policies.
You must drive safely!
At the end of the day, no matter what scenario you find yourself in, it’s imperative that you follow traffic laws and maintain an extremely safe, cautious approach to the road.
Both Uber and Lyft have many provisions, exercises, and policies in place that help you maintain these basic driving principals.
If you’re negligent in an accident, while driving for, or not driving for, Uber or Lyft, your chances of recovering compensation for your damages will be reduced, drastically.
However, it’s good to know, that if something should happen on the road while you’re driving for Uber or Lyft, insurance policies are in place to keep you protected.
If you think you have a case or claim stemming from your Uber or Lyft driving experience, please call the award-winning car accident lawyers of Wilshire Law Firm today at 1-800-522-7274.
Our team of legal experts is available 24/7, 365 to take your call, and give you a FREE, no-obligation case evaluation on the spot.
Don’t delay, call Wilshire Law Firm today!
It could be the most important phone call of your life.
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