As a rideshare driver in the USA, finding the right auto insurance is crucial to ensure both your safety and your earnings. Rideshare insurance covers you during different phases of driving—waiting for a ride request, en route to pick up a passenger, and while passengers are in the car. Here, we break down some of the best auto insurance companies for rideshare drivers to help you make an informed choice.
1. Geico
Geico is well-known for its competitive rates and comprehensive coverage options for rideshare drivers. They offer a specific rideshare endorsement that extends your personal auto insurance to cover you while you're driving for apps like Uber and Lyft. With 24/7 customer service and an easy-to-use mobile app, Geico excels in customer satisfaction.
2. Allstate
Allstate provides robust rideshare insurance through its ‘Ride for Hire’ policy. This policy covers you during the entire time you are logged into a ridesharing app, providing liability coverage whether a passenger is in your car or not. Allstate’s DriveWise app also incentivizes safe driving with potential discounts based on your driving habits.
3. Progressive
Progressive’s rideshare insurance offers flexible options, allowing you to add a rideshare rider to your existing policy. This coverage kicks in from the moment you accept a ride request until the end of the ride. With competitive premium rates and credit for safe driving, Progressive is a favorable option for many rideshare drivers.
4. State Farm
State Farm offers a Rideshare Driver Policy that provides coverage during all rideshare driving periods. Their extensive agent network helps you get personalized assistance when needed. Additionally, State Farm’s mobile app offers useful tools such as accident support and policy management.
5. USAA
If you are a military member or an eligible family member, USAA stands out with its affordable rates and exceptional customer service. They provide rideshare coverage that can be added to your existing auto insurance policy, ensuring you are covered when you’re driving for rideshare companies.
6. Farmers Insurance
Farmers Insurance offers a specialized rideshare policy that is designed to cover the unique risks of operating as a rideshare driver. Their coverage includes liability, uninsured motorist coverage, and optional collision and comprehensive coverage. Farmers also provides a mobile app for easy policy management.
7. Root Insurance
Root Insurance is a tech-savvy option that utilizes a mobile app to track your driving habits. Their rideshare coverage includes protection for personal and rideshare driving, offering competitive rates based on your real driving behavior. Root’s approach to underwriting makes it a good choice for safe-minded drivers.
8. Lemonade
Lemonade is known for its straightforward and user-friendly approach to insurance, including rideshare coverage. With a digital-first strategy, Lemonade allows you to customize your policy according to your needs. Their unique business model ensures that a portion of your premium is donated to charity, making it a socially-conscious choice.
Conclusion
Choosing the best auto insurance as a rideshare driver is essential to protect yourself financially while driving for companies like Uber and Lyft. Factors such as coverage options, premium costs, customer service, and ease of claims are vital to consider. Evaluating these top insurance providers can help you find the coverage that suits your specific needs as a rideshare driver.
