Uber Uber does not provide health insurance for its drivers. Uber driver-partners can use the company’s partnership with Stride Health to find insurance. Stride Health works with more than 200 insurers to connect applicants to health, dental, vision, and life insurance plans. Uber driver-partners can also work through state healthcare exchanges where available to find health insurance plans. Lyft Lyft does […]
Category: Tolls • Gas • Insurance
What are the typical costs for auto insurance for Uber or Lyft?
While Uber and Lyft provide basic auto insurance during rides, drivers also need their own coverage to protect beyond the limits of these policies. The typical driver in the United States paid $1,426 per year for auto insurance in 2018. This average includes all drivers across the country, which takes into account low-cost and high-cost states. Uber and Lyft drivers can […]
What are the typical costs for auto insurance for Uber or Lyft?
While Uber and Lyft provide basic auto insurance during rides, drivers also need their own coverage to protect beyond the limits of these policies. The typical driver in the United States paid $1,426 per year for auto insurance in 2018. This average includes all drivers across the country, which takes into account low-cost and high-cost states. Uber and Lyft drivers can […]
What expenses can Uber or Lyft driver deduct?
Uber and Lyft drivers are independent contractors who operate as sole proprietors for tax purposes. This tax status means that a driver incurs self-employment tax and pays Social Security and Medicare taxes typically paid by employers. Drivers should keep track of all expenses incurred while driving for Uber and Lyft to reduce their tax burdens. All of the […]
Who insures Uber or Lyft drivers and what are the requirements?
Uber and Lyft work with auto insurers in all 50 states to provide liability and underinsured motorist insurance coverage for drivers. Each driver is covered by third-party liability insurance when using app drive modes but prior to picking up passengers. Limits vary by state but the typical liability insurance covers up to $50,000 per person and $100,000 per accident […]
Who pays for gas on Uber or Lyft?
Drivers for Uber and Lyft are responsible for refueling their vehicles. Lyft works with Shell to provide a fuel discount plan that increases savings based on rider reviews and length of service.
Who pays for the insurance on Uber or Lyft?
Uber: Uber requires every driver-partner to maintain their own auto insurance that meets or exceeds state standards. The company provides coverage for third-party liability, uninsured motorist injury, and collision coverage after a $1,000 deductible paid by the driver. Lyft: Lyft requires each driver to acquire auto insurance meeting or exceeding their state’s auto insurance requirements. The company pays for […]
Who owns the Uber or Lyft cars?
Uber and Lyft are able to offer fares at competitive rates because their drivers typically own the vehicles. Drivers for both companies also pay for auto insurance, maintenance, and fuel. Uber and Lyft have begun offering rental services to drivers who want to carry passengers without owning their vehicles.
Do drivers pay tolls on Uber or Lyft?
Uber and Lyft ask their drivers to pay tolls during rides in exchange for reimbursements after rider payments are processed. Each rider is charged for tolls when applicable to fund the reimbursement.
Can Uber or Lyft drivers stop for gas?
Uber and Lyft ask their drivers to complete refueling trips between rides on their apps. Riders expect to go from their pickup spots to their destinations without unexpected stops. Drivers may stop for gas during long trips that exceed fuel tank capacity or if passengers add gas stations as intermediate stops on their routes.