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You’ve decided to become a rideshare driver. Great! You have a car and you’re ready to take on passengers. Fantastic! You have rideshare insurance. Excellent! Or is it? Maybe not. Are you getting the best deal in vehicle insurance? Let’s take a look at all variables in finding a great deal.

Where Do You Begin?

Before you begin your search for the best deals, be sure you check with your state’s Department of Motor Vehicles and understand clearly your state’s insurance requirements. This will vary state by state so be sure you are fully aware of the required coverage for your vehicle in your location.

Want to learn more about rideshare insurance for Uber and Lyft? Click here.

Let’s Talk About Your Car

How safe is your vehicle? Does it have features such as air bags, an automatic braking system or anti-lock brakes? A newer car will be a safer car and will offer safety features not found on older vehicles. You’ll want to invest in a car that will keep you and your passengers safe and comfortable. Obviously, you don’t want to break the bank but you do want to get the best you can afford.

Keep in mind when speaking with an insurance agent you’ll want them to know about the safety features your vehicle has because this can save you money. Don’t be afraid to speak up!

Unsure if you meet all vehicle requirements? Click here to find out if you qualify.

What About Your Driving Record?

A clean driving record can save you a considerable amount of money. Some insurance companies even offer incentives for maintaining a clean record. The longer you’ve been accident and claim free, the cheaper the insurance rates.

Now, Let’s Shop for Insurance!

Before you begin serious shopping, check your current policy. Contact your agent to see if rideshare insurance is an option and if so, get a quote but don’t agree to it just yet! Your county/state will very likely have multiple companies and agents. It is convenient to get insurance quotes online but when searching for rideshare coverage, go the old-fashion route and make the calls. Grab a cup of coffee, get comfy and take detailed notes while making calls.

Be prepared! Agents will ask some or all of these questions:

  • Make/model/year of your vehicle
  • Your age
  • Marital status
  • Zip code
  • Does your vehicle come equipped with an anti-theft device?
  • What safety features does your vehicle have?
  • Will other drivers be driving your car?

This is a basic list of questions you may be asked. There may be other questions but the bottom line is you are a rideshare driver and that’s the purpose of your call. Be sure the agent you are speaking with understands this is the coverage you require.

Hint: do a Google search for “rideshare insurance coverage” and you’ll find a great place to start.

We advise you get the coverage that makes the most sense for you and your budget. We also recommend taking the time to read the fine print carefully, especially on cheaper options. You want to be very clear on what is covered and what isn’t, and understand your deductibles. Most importantly, never be afraid to ask questions!

Ready to drive for both Uber and Lyft? Click here.

Already drive for both? Check out how you can earn more for your time. Click here.


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