Rideshare Insurance Options For Drivers [Complete List]

There was once a time when rideshare drivers had insufficient insurance options. Rideshare companies like Uber and Lyft offered limited coverage for drivers — coverage starting from when they accept a ride, when en route to the passenger, and when the passenger reaches his destination.

Nowadays, insurance companies expand the scope of their offerings and fill the coverage gaps, giving rideshare drivers more protection while they’re out on the road. Below are some companies that offer different insurance options and coverage depending on the driver’s location, age, vehicle, and driving history.

READ: 3 Essential Things Every Rideshare Driver Should Know About Rideshare Insurance

Rideshare Insurance Options: Top Companies for Drivers

Looking into insurance options for rideshare drivers can get pretty overwhelming, so we’ve assembled a list of the most popular companies to consider when shopping around.

1. Farmers Insurance Group

Farmers Insurance Group is one of the established giants when it comes to auto insurance. The company offers rideshare insurance to Uber and Lyft drivers by extending their personal auto insurance coverage. The drivers are covered from the time they log into the app up to the time they choose to accept a rider.

Farmers Insurance Group rideshare insurance coverage chart

This is great for those drivers who don’t often log in as full-time rideshare drivers or for those who treat ridesharing as a side job. Coverage is currently available in 29 states.

Some of the coverage options drivers can choose from with Farmers include:

  • Uninsured Motorist Coverage (in case the driver’s car is hit by an uninsured or underinsured driver)
  • Comprehensive Coverage
  • Collision Coverage (this will pay for the damages to the driver’s car)
  • Medical payment and personal injury protection

Call Farmers Insurance Group at 1-855-6599, or contact an agent near you to learn more.

2. State Farm

State Farm also extends the coverage of the driver’s personal auto policy when the car is used for ridesharing. Although they cover most every ridesharing app, from the time they accept a rider until the passenger reaches his destination, State Farm does not cover drivers for any liabilities to others.

State Farm rideshare insurance coverage chart

Here is State Farm’s rideshare driver coverage while on the road with a passenger:

  • Damage to the driver’s car
  • Medical coverage
  • Rental reimbursement
  • Uninsured/underinsured motorists
  • Emergency road service

This type of insurance is pretty affordable, and adds around 15 to 20 percent to a current premium with State Farm, depending on various rating factors include coverage options chosen and discounts that may apply.

Give State Farm a call at 1-855-6599, or contact an agent near you to learn more.

3. Allstate

Allstate’s “Ride for Hire”  rideshare insurance plan can fill some of the gaps that can arise between aTNC company and the driver’s personal auto policy. It means whether the driver is waiting for a passenger or commuting to a destination, Allstate can protect the driver from risky coverage gaps for as little as $15-20 per year. Other than that, this coverage can also give drivers protection against high deductibles from their ridesharing companies.

Something to keep in mind with this policy is that, while Allstate covers most ridesharing apps, they don’t guarantee continuous coverage when signed into the app. A driver may have to get a separate policy with different terms just to acquire a full coverage, so make sure to run this by an agent when inquiring about a quote.

For more information on an Allstate rideshare insurance policy, get in touch with an agent near you.

4. Geico

Geico is another one of the best insurance companies for rideshare drivers. They offer a uniform policy, which means this policy replaces the driver’s personal auto policy, providing coverage whether they are using the car for business or personal reasons. In addition, regardless of if the driver has a passenger or not, Geico’s Hybrid Coverage policy has them covered.

Choosing a Geico ridesharing insurance policy eliminates many coverage gaps, so drivers don’t have to worry about what policy they have to use when an accident occurs. They can rest easy knowing that they’re covered.

Geico’s rideshare insurance covers the following:

  • Property damage
  • Bodily injury
  • Collision coverage*
  • Comprehensive physical damage coverage*
  • Medical payments*
  • Uninsured motorist coverage *
  • *These coverages are included in the First Part Coverage, which is optional.

Drivers can get Geico’s ridesharing coverage for much lower than commercial rates, which can cost around $150 per year, and they are also available in most states.

Get more information about a Geico Hybrid Coverage policy by calling (866) 509-9444, or reaching out to a local Geico agent near you.


Full List of Rideshare Insurance Companies

We understand that drivers looking for rideshare insurance options can get overwhelmed pretty easily, so for your convenience we created a simple and easy to read table that outlines this information.

AllstateErieGeicoFarmers InsuranceMercuryMetlifeMetromileProgressiveSafecoState FarmTravelersUSAA
Description States Available Cost (above personal policy) Info
Ride for hire endorsement Arizona
California
Colorado
Georgia
Illinois
Indiana
Kentucky
Minnesota
Oklahoma
South Carolina Tennessee
Texas
Utah
Washington
Washington DC
Adds extra $15 to $20 to annual personal auto policy premium Policy helps with deductible for collision/comp if TNC’s deductible is higher than your personal deductible.
Description States Available Cost (above personal policy) Info
Extends ridesharing coverage if you carry business use coverage Illinois
Indiana
Kentucky
Maryland
Ohio
Pennsylvania Tennessee
Virginia
West Virginia Wisconsin
Washington DC
Estimated to be $9 to $15 extra per month Business use coverage typically has an exclusion for carrying people for money but Erie lifted that exclusion for rideshare drivers.
Description States Available Cost (above personal policy) Info
Ridesharing policy – hybrid policy that replaces existing personal auto policy Alabama
Arizona
Arkansas
Colorado
Connecticut
Delaware
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Louisiana
Maine
Maryland
Minnesota
Mississippi
Missouri
Montana
Nebraska
New Mexico
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Vermont
Virginia
Washington
Washington DC
West Virginia
Wisconsin
Wyoming
Less than traditional commercial policy (estimated to be $25 extra per month) Restriction on annual mileage. If full time driver may need Geico commercial auto policy instead
Description States Available Cost (above personal policy) Info
Rideshare endorsement – not available online must call Farmers to add coverage Alabama
Arizona
Arkansas
California
Colorado
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Maryland
Michigan
Minnesota
Missouri
Montana
Nebraska
Nevada
New Jersey
New Mexico
North Dakota
Ohio
Oklahoma
Oregon
Tennessee
Texas
Utah
Wisconsin
Estimated 8 percent increase in rates in California estimated $15 per month in other states. Policy covers between rides and ride requests until driver logs off app but it does not cover the time once a passenger is picked up until the drop-off.
Description States Available Cost (above personal policy) Info
Rideshare/Ride-hailing endorsement Arizona
California
Illinois
Nevada
Oklahoma
Mercury is advertising that the coverage “can cost as little as 20 cents a day” in addition to your usual personal auto policy premium. If also include collision and medical payments on Mercury policy those coverages will go up by 5 percent each.
Description States Available Cost (above personal policy) Info
Rideshare insurance Lyft endorsement California
Colorado
Illinois
Texas
Washington
Premiums will vary based on mileage driven for Lyft (estimated to raise rates by 10%) If currently with Metlife you need to call and have policy re-written with Lyft endorsement.
Description States Available Cost (above personal policy) Info
Metromile + Uber California
Illinois
Washington
No extra cost Monthly bill is pay-per-mile integrated databases allows drivers to not be charged for miles driven for Uber once matched with a rider.
Description States Available Cost (above personal policy) Info
Commercial policy for Lyft drivers (replaces personal policy) – in PA Personal policy endorsement for TNC drivers – in TX Pennsylvania Texas Available with quote Lyft drivers in forums say quoted rates in PA are on the high side. According to Progressive rates are to be adjusted on mileage driven as a TNC operator.
Description States Available Cost (above personal policy) Info
Ridesharing Coverage Arizona
Colorado
Illinois
Indiana
Kansas
Minnesota Missouri
Oklahoma
Oregon
Tennessee
Utah
Washington Wisconsin
Estimated to be less than $10 a month Safeco says you get nearly the same coverage during applicable ridesharing periods as you do when using car for personal use.
Description States Available Cost (above personal policy) Info
TNC Driver Coverage endorsement Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Idaho
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
Tennessee
Texas
Utah
Vermont
Virginia
Washington
Washington DC
West Virginia
Wisconsin
Wyoming
Available with quote Liability extends during Period 1 only all other coverages apply during all periods of TNC driving.
Description States Available Cost (above personal policy) Info
Limited ride sharing coverage endorsement Colorado
Illinois
Available with quote Endorsement provides coverage when the ridesharing app is on but before accepting a passenger (period 1).
Description States Available Cost (above personal policy) Info
Rideshare endorsement – extends your personal policy to ridesharing Alabama
Arizona
California Colorado Connecticut Georgia
Illinois
Indiana
Iowa
Kansas
Kentucky
Maryland Massachusetts Missouri
Nebraska
Nevada
New Hampshire North Dakota
Ohio
Oregon
Tennessee
Texas
Washington Wyoming
An extra $6 to $8 per month or approximately $40 to $50 per six-month policy term. Must be a military member or a spouse or child of military member who is a USAA member to buy a policy from USAA.

**We’re constantly adding to our rideshare driver information pages, so let us know what you think about our table by leaving a comment below. We’ll update the table based on driver feedback, so definitely let us know what you think!

Sources:
http://www.insurance.com/auto-insurance/coverage/insurance-rideshare-uber-lyft.html#rideshare1
https://newsroom.statefarm.com/tnc-driver-coverage-ar-md-nv-vt-wy/#KAcPmHaVO7fWY4cs.97
https://www.geico.com/information/aboutinsurance/ridesharing/faq/
https://www.farmers.com/rideshare/

Looking for even more rideshare insurance options? Harry Campbell from The Rideshare Guy put together a quick video to help drivers find out which companies offer the widest coverage for rideshare drivers. Check it out:

Our Take

Rideshare services are continually gaining popularity, which is why insurance companies are constantly improving their policies to match the demands of rideshare drivers. These policies stretch drivers’ personal auto insurance into the territory of rideshare driving, thus putting their mind at ease whenever they’re out on the road and earning extra cash.

There are several insurance companies that offer different insurance options a driver can choose from. However, always check to make sure that a company is offered in your state. After that, all you have to do is look for the one that offers the widest coverage and fits your needs. Happy driving!

UP NEXT: Eight Things Every Rideshare Driver Should Know about Rideshare Insurance

Have you tried one of these rideshare insurance options? Share your experiences with us in the comments below!

1 Star2 Stars3 Stars4 Stars5 Stars (18 votes, average: 5.00 out of 5)
Loading...