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Where can you get Ridesharing Gap Insurance Coverage?

Suburban Insurance Agency is now offering Ridesharing Gap Coverage through Grange Insurance. The insurance coverage is for drivers who use their personal vehicles to transport passengers with companies such as Uber or Lyft.


Uber and Lyft provide up to $50K in liability which is likely a fraction of the clients total coverage. With ridesharing gap coverage we fill in the missing coverages from your personal policy. This includes medical payments, physical damage, and much more.


What is RideSharing?


Similar to a taxi service, you can request a ride to and from a location, whether it's your home, a restaurant, or an event. Instead of flagging down a taxi, you use a mobile app to request and pay for a ride. However, the driver uses their personal vehicle rather than a company car. Because of this, the drivers have trouble finding carriers that will ensure them and insurance that covers them fully. Thats where Grange Ridesharing Gap Coverage from Suburban Insurance Agency comes in.


Who Is Eligible?

Ridesharing Gap Coverage is eligible for transportation network companies that focus on people and goods, such as Uber, UberEATS, and Lyft drivers.


Who is Ineligible?

Ineligible drivers include those who work for transportation network companies that do not purchase the proper ridesharing permits to operate within their state such as Grubhub or Doordash.


When does the Ridesharing Gap Insurance Coverage Apply?

Ridesharing Gap Coverage applies when a driver is waiting for a ride request.

Uber and Lyft provide full insurance coverage once the driver accepts, picks up, and delivers a passenger to their destination. This creates a gap in coverage while drivers are waiting for a ride request. If an accident occurs while a driver is waiting for a ride request drivers may be forced to pay out of pocket for costly damages and/or medical expenses. Ridesharing Gap Coverage would fill in this gap and provides the drivers with full protection from the moment they turn on their mobile ride-sharing app.


Understanding Ridesharing Gap Insurance Coverage Video

Knowing your insurance needs as a ridesharing driver can be complicated. Grange makes it easy for you to get the right coverage at Suburban Insurance Agency.

 

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