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 […]
Articles Tagged: auto 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 […]
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 […]