Today, transportation has become more convenient and affordable, especially with the birth of different ridesharing services like Uber and Lyft. This transport service has created more opportunities for both riders and drivers out there. However, just like any other vehicles and transportation systems, you and your automobile need the right insurance coverage.
You may think that your current auto insurance is enough. However, your personal auto policy might not provide all the needed coverage once you enroll your vehicle into these ridesharing apps
Benefits of having rideshare insurance:
Just like having conventional auto insurance, having rideshare insurance will help you enjoy certain benefits:
Rideshare insurance is required by the government in some states. So by having one you abide by the laws of your state.
Uber and Lyft do not provide collision coverage during the first year. Your insurance will keep you financially protected for any damages or repairs that may occur during this time.
You will also be protected from any claims and lawsuit on your first and succeeding years, depending on your coverage.
Your rideshare insurance can cover you and your passengers’ medical costs during a collision.
Your policy will also reimburse you of any repair cost for accidents you are involved in.
They will also replace your vehicle if it got lost, stolen or was on fire.
Get covered with the right rideshare insurance!
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