As soon as the rideshare app is turned on, this is where the gray area comes into play…
As mentioned, your personal auto insurance policy typically does not cover “business use” of your vehicle, which may include the times when you’re en route to pick up a passenger or already have a passenger in your vehicle.
But what happens when you’re available for hire but you haven’t accepted a ride request…and then you’re involved in an accident?
What then?
It depends.
Since personal car insurance generally excludes all business use, you may not be covered by either policy.
*Good News: At SoCal Insurance & Financial Services, we carry one of the top rideshare insurance companies in the nation.
Our affordable ride-hailing insurance endorsement can be added to your existing personal car insurance policy to help fill in some of the coverage gaps with your TNC policy.
When Uber and Lyft drivers are waiting for their assignment, personal auto insurance policies may have exclusions; however, our rideshare endorsement can help protect you.