Insurance for Uber, Lyft, and Delivery Drivers
Without a trusted co-pilot, the path to finding adequate auto insurance can be winding. At Mosaic, we understand the complexities of the different coverage options, and are dedicated to steering our clients in the right direction.
Whether a novice driver or seasoned veteran, our auto offerings can protect against a variety of exposures, including those associated with operating a personal vehicle for delivery or livery purposes.
If you use your vehicle as part of your duties as a delivery driver, a regular auto policy may not protect you in the event of an accident. Despite holding collision coverage, a personal auto policy often only extends to vehicles used for personal driving needs.
In 2017, the Bureau of Labor Statistics listed delivery jobs as one of the most dangerous jobs in the country. When using your vehicle for delivery, you are incurring an additional risk that often falls outside the scope of traditional coverage. It is your responsibility to report any changes made to the use of your vehicle. In doing so, Mosaic can help pair you with the appropriate coverage. Often, a relatively inexpensive endorsement can offer the right protection.
Personal auto policies traditionally exclude vehicles used as “public or livery conveyance.” This encompasses taxis as well as ride-hailing companies, such as Uber and Lyft, known as Transportation Network Companies (TNC).
Drivers use TNC applications or networks to offer rides, locate paying riders, and accept payment. An auto ridesharing insurance policy can cover the gap between personal auto coverage and protection offered by a TNC.
A gap in coverage exists during the period the application is turned on and searching for a passenger match. When the insured has their application off, they are covered under their personal auto policy. When the insured makes a passenger match and has a passenger in their vehicle, they are typically covered by their TNC.
Our agents are knowledgeable of the regulations associated with the ridesharing industry. We inform clients directly of updates pertinent to them, confirming coverage remains both accurate and affordable. Please contact us to ensure you have the appropriate coverage in place.