{"id":1432,"date":"2018-01-17T02:44:32","date_gmt":"2018-01-17T02:44:32","guid":{"rendered":"https:\/\/veloxinsurance.com\/blog\/?p=1432"},"modified":"2023-10-06T19:15:30","modified_gmt":"2023-10-06T19:15:30","slug":"insurance-coverage-driver-ride-sharing-company","status":"publish","type":"post","link":"https:\/\/veloxinsurance.com\/blog\/insurance-coverage-driver-ride-sharing-company\/","title":{"rendered":"Insurance Coverage If You Are A Driver Of A Ride-sharing Company"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Ride-sharing is fast-becoming a popular industry. It is a service that provides transportation to commuters typically via a mobile app. Ride-sharing companies have been showing up, as the service is not operating in more than 100 cities in the United States.<\/span><\/p>\n<p><!--more--><\/p>\n<p><span style=\"font-weight: 400\">If you work as a driver for a ride-sharing company and you are driving your own car, there may be some implications in terms of auto insurance. Therefore, it is important that you understand how your personal car insurance is applicable to ridesharing.<\/span><\/p>\n<p><b>Personal Automobile Insurance and Ride Sharing<\/b><\/p>\n<p><span style=\"font-weight: 400\">Carpooling or ridesharing is normal among coworkers and friends who travel together on \u00a0a regular basis. If you are the owner of the vehicle, your personal car insurance usually provides coverage in this situation. But, if you are using your vehicle to pick up strangers and transport them for a fee, it is another story.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Using your car for business purposes can mean that your personal automobile policy will not cover you. For this reason, you cannot ask your insurer to pay for the damage or injury from an accident while working for a ride-sharing company.<\/span><\/p>\n<p><span style=\"font-weight: 400\">You may be wondering why. It is because insurance companies see the big difference between driving your friends and family, to driving other people for a fee. There are more risks when you are driving for a ride sharing company.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, you are inclined to drive more often if you are a ride-sharing driver. The hours and locations are riskier too especially if it is late at night and the neighborhood is different. Your vehicle is also more prone to experience bad weather conditions.<\/span><\/p>\n<p><b>Potential Risks in the Insurance of Ride-sharing Companies<\/b><\/p>\n<p><span style=\"font-weight: 400\">Actually, you can find a lot of ridesharing companies that have their own car insurance. This can protect you in case of an accident. Having said that, there are some issues with this coverage that you need to keep in mind. They are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">You may have contingent ridesharing coverage. In such case, before you file a claim on the policy of your ride sharing company, you need to file onto your own car insurance carrier.<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ridesharing coverage may change, wherein you may find yourself with not enough coverage or no coverage at all.<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The policy and amount of coverage depending on the ride-sharing company. The company you work for may have comprehensive or collision insurance, but there is deductibles or limitations.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">If you are driving for a ride-sharing company, it is better to search around for your options. Find an insurance coverage that can protect you and your vehicle. At Velox Insurance, we work hard in making sure that our clients are well-protected with policies that they can afford. To learn more about how we can help you, please contact our agency at (855) 468-3569 or <a href=\"https:\/\/veloxinsurance.com\/\">Click Here to request a free quote.<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ride-sharing is fast-becoming a popular industry. It is a service that provides transportation to commuters typically via a mobile app. Ride-sharing companies have been showing up, as the service is not operating in more than 100 cities in the United States.<\/p>\n","protected":false},"author":1,"featured_media":9334,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/1432"}],"collection":[{"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=1432"}],"version-history":[{"count":1,"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/1432\/revisions"}],"predecessor-version":[{"id":9336,"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/1432\/revisions\/9336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/media\/9334"}],"wp:attachment":[{"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=1432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=1432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/veloxinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=1432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}