Uber & Lyft Drivers Important Information
February 21, 2018
Are you an Uber or Lyft driver in your spare time? Do you know anyone who is?
Did you know there is a great big gap in your auto insurance coverage. Transportation Network Company drivers have insurance through their company once a match is made for a passenger to their destination. That’s it.
But what happens when you, the driver, turn the Transportation Network Company app on and are available to drive? No coverage from Uber or Lyft or any other Transportation Network Company. No coverage from your personal auto insurance carrier either.
This is the big fat gap in your personal auto insurance coverage and the protection of your car. You are out there driving with no coverage from anyone.
Well now there is a solution to this problem. Safeco Insurance has introduced an endorsement that you can add right to your personal auto policy if you are a Transportation Network Company driver. It’s easy.
Its called RideSharing Coverage and it is available to any existing Safeco policyholder after March 31,2018 and right now for new Safeco policies.
If you drive or know someone who is driving for Uber or Lyft, you need to call your Agent right away and check your current auto policy to be sure you don’t have a big gap in your protection and find out after its to late!
If you’d like more information, please give me a call at King Insurance & Financial Services, LLC at 440-243-5555.