Skip to main content

"UBER" Insurance


FARMERS RIDESHARE


Generally, your personal auto insurance policy wasn’t designed to provide you with coverage when you are working as a rideshare driver with companies like Uber. And, rideshare companies' full commercial liability coverage doesn’t apply until you accept a ride. With Farmers Rideshare, you can avoid a potential gap in coverage by extending your personal auto insurance coverage when you are logged in and waiting to be matched with your next rider.

What gap? Doesn’t the rideshare company’s insurance policy cover me when I’m working?

When you log in to the rideshare company’s app, you may only be covered by the rideshare company’s limited liability coverage until you accept a ride and their full commercial liability coverage applies.  While you are waiting to be matched with your next rider, their policy generally only provides limited liability coverage* for medical expenses and damage you cause to others if an accident is your fault. Damage to you or your car are not typically covered by this policy. You could be faced with a serious coverage gap that would require you to pay for damages out of your own pocket.

Doesn’t my personal auto insurance policy cover me?

Probably not. Many personal auto insurance providers exclude coverage when you are using your vehicle as a rideshare driver.

**Subject to availability in your state.  Rideshare companies may maintain higher coverage limits and additional coverages as needed to meet the minimum requirements in all states. Minimum limits vary by state. In California for example, the limits are $50k bodily injury for one injured individual; $100k total bodily injury coverage limit; $30k property damage to someone else’s property per incident.
1 Our Rideshare coverage in Florida is available under the Foremost® brand, a member of the Farmers Insurance Group. "Foremost" and the "F" logo are registered trademarks of FCOA, LLC, 5600 Beech Tree Lane, Caledonia, MI 49316. Bristol West Insurance Group is a registered trademark of Bristol West Holdings, Inc., 900 South Pine Island Road, Suite 600 Plantation, FL 33324. Insurance underwritten by a member of the Bristol West Insurance Group. The Foremost and Bristol West companies are members of the Farmers Insurance Group®, 6301 Owensmouth Ave., Woodland Hills, CA 91367.

Comments

Post a Comment

Popular posts from this blog

Factors That Affect Car Insurance Rates

You may not realize it, but your overall rate is also affected by many more different factors – some of which you can control, and many of which you cannot. However, knowing what affects your rate can help you make a more informed decision when purchasing insurance, and can help you know exactly what to do to lower your expenses. Demographic Factors Your gender, age, marital status, geographical location, and credit score all affect your insurance rates in different ways. 1. Gender and Age Young men usually incur higher rates than young women as statistically, more male teenagers have accidents than female teenagers. However, older men generally have better rates than older women. Some evidence suggests that older women are in more minor accidents than older men – though the difference in premium costs usually isn’t drastic. 2. Marital Status Married people tend to have fewer accidents than single people; therefore, getting married (especially for men) can significantly ...
Post a Comment
Read more

Business Liability Insurance

It’s a simple reality that anyone who comes into contact with you or your employees while you’re conducting business can file a claim or lawsuit against you for any number of reasons — from physical injuries to wrongful termination.  That’s why Farmers® offers small business liability insurance, which can help with challenging situations and the associated costs of legal defense and legal damages, up to policy limits selected for covered claims. Because I am  also a small business owner, I have an understanding of some challenges faced by small businesses like yours. I can offer insights and discuss insurance options as you choose customizable coverage options for your company.  Give me a call to save money on your  Business Insurance .  Some of our Commercial insurance coverages include  Business Owners Policy (BOP) ,  Commercial Auto , Commercial Property , Contractors , and  General Liability .
Post a Comment
Read more

Affinity Discounts

Everything’s Bigger in Texas…Especially Farmers’ Smart Insurance Discounts If you’re employed or retired from an approved occupational group (e.g., Accountants, Educators, Engineers, Firefighters, Military, Law Enforcement, Medical Professionals, etc.), you may be eligible for this discount. Contact us at (210)722-8220 or mmetzger@farmersagent.com to see if you qualify.
Post a Comment
Read more