Rideshare drivers spend a lot of time on the road and, unfortunately, insurance will come into play for many rideshare drivers eventually. Know your options, understand your risk and know what to do if/when the time comes to deal with insurance.
Uber drivers pay their own taxes on gross earnings which classifies them as self-employed individuals. This means it is up to them to take care of their own health insurance needs.
The good news is that there are many options available, and we’ll go over those in this article.
You may have your own auto policy, but most personal auto policies have an exclusion for using your car for carrying passengers or doing delivery. While Uber and Lyft have their own policies to cover drivers, there are times when this coverage is minimal. Let’s look at how each respective policy works.