Farmers Ridesharing Car Insurance
Farmers Ridesharing Insurance has been designed to cater to the exclusive insurance coverage of people who want to work as drivers with ridesharing companies like Lyft or UBER. The personal car insurance policy was never designed for ridesharing. However, ridesharing demands that the insurance policies need to be able to accommodate ridesharing. If you’re willing to work as a driver with companies like Uber or Lyft then you should always consider Farmers Ridesharing Car Insurance in order to provide you with the best ridesharing car insurance coverage.
The liability coverage of a ridesharing company doesn’t apply until and unless you accept the ride and have passengers in your vehicle. Farmers Ridesharing Insurance will fill the potential gap in insurance coverage by adding it to your personal auto insurance coverage while you are logged in to the ridesharing app waiting for passengers.
Why you should be worried about the ridesharing insurance gap?
Since the ridesharing company’s insurance offers its limited liability coverage until the time you actually accept a ride. So if any accident occurs while you are logged in to the app but actually have not picked up a passenger then you will not be eligible for complete ridesharing insurance coverage. The full commercial liability applies only when you have accepted a ride. Now, you can face serious insurance coverage gap if an accident occurs and you are still not eligible for the full cover from the ridesharing company insurance. If you don’t have the ridesharing insurance coverage will will be at risk of paying for those expenses out of pocket.
What about my personal auto insurance?
Not all car insurance offers the same level of coverage and there are many that exclude ridesharing coverage when you use your vehicle for ridesharing purposes.
Farmers Ridesharing Insurance Covers All Your Needs
Farmers Ridesharing Insurance can be added to your personal auto insurance coverage through period 1 until the time you accept a ride, while the rideshare company’s insurance offers full commercial liability coverage to Periods 2 and 3. This is the perfect ridesharing insurance policy that helps you to choose an appropriate coverage as per your needs, which includes:
- Collision and Comprehensive Coverage that pays for all the damages to your car in event of an accident
- Uninsured Motorist Coverage when you or your car is hit by a driver who does not have car insurance
- Personal Injury Protection
I hope you have some great information on Farmers Ridesharing Insurance!