If so, it is time to start thinking about how well you are insured and what else you might like covered. Now, Uber itself has a ridesharing insurance policy, but it doesn't cover every risk you might be exposed to, and it could be changed at any time. Having your own policy means that you will always know what your coverage is and thus how to act accordingly. Here at Ridesharing Insurance Chicago, we’re here to make it all easier.

In general, ride sharing insurance comes in two versions:

ride share insurance illinois

First, comprehensive coverage focuses on giving you all of the coverage you may need while providing rides to other people. This includes a comprehensive liability policy, bodily injury coverage, collision insurance, and related policy elements.


Supplemental, or additional coverage is different and focuses on filling in the gaps that a ridesharing service's insurance policy does not cover. For example, the ridesharing service may not cover a vehicle before that vehicle is matched to a rider. So if you're involved in a collision before you find someone to pick up, you'd need to use your own policy instead.

Both forms of coverage are viable options. If you're not sure which policy is best for you, talk to one of our agents about Uber insurance and discuss your options.

Most drivers who work with Uber, Lyft or another ridesharing company can get this extra coverage. However, the way you interact with a ridesharing company may affect the type of coverage you're offered. When you speak with a Ridesharing Insurance Chicago agent, it’s helpful to have the following information on hand:

  • Your History of Ridesharing: How experienced are you with ridesharing, and have you had any trouble in the past? Experienced drivers with few or no incidents may be able to get a better rate.
  • Your Frequency of Work: How often do you provide ridesharing services? Is it something you do on the weekends for some extra cash, or are you offering rides as a full-time job?
  • The Type of Vehicle: What type of vehicle do you use, and more importantly, what are its safety ratings? Vehicles with an outstanding safety rating—particularly in parts of the vehicle where passengers are seated—may be easier to insure.

Ridesharing is still a relatively new industry, and it's certainly going to stick around and continue changing over the next few years. Lyft Insurance and other rideshare insurance policies will be changing with it, and factors like which company you partner with, how safe the rides are judged to be, and even how much the industry earns may affect your policy and your premiums.

Unfortunately, it wasn’t made clear that drivers of the companies were not always protected when they are on the road. In the event of an accident in the uncovered period, it’s likely that your own personal auto insurance won’t be covering you either. That means medical and property liability will be covered out-of-pocket. Your pocket. Which will hurt you financially no matter what your financial situation is.

Uber, Lyft and other ridesharing companies have made it fun and easy for anyone to earn an income by getting paid to drive people around.

Fortunately, you have Rideshare Insurance Chicago that can help you out! Our agents can offer you insurance coverage specially designed to complement the insurance that Uber, Lyft and other ridesharing companies offer. This coverage can cost you as little as 20 cents per day, depending on the type and amount of coverage you opt for. Protect your livelihood and family with ridesharing insurance that’s right for you.


Ridesharing companies only covers their drivers, under their commercial insurance policy, when a fare has been accepted and when a customer is being transported. Your personal auto insurance policy only covers you when your ride-share app is turned off. That leaves you exposed to paying for accidents out of your own pocket for the period where you are waiting to accept a far.

With the specially designed rideshare insurance policy, you will be protected when your app is turned off and during the period in which you are waiting to accept a fare.

With the possibility of getting into an accident, you may have to pay hundreds or even thousands of dollars out of pocket if you don’t have the proper coverage in place. Just one single accident can ruin your financial future. The coverage we offer will pay for costs associated with medical and property liability to other drivers, as well as costs to repair your own vehicle.

Next Steps...

For more information on ride sharing insurance, contact one of our Ride Share Insurance Chicago agents today!

Driving for Uber or Lyft is a great chance to earn extra money on the side but don’t let yourself become vulnerable, take the time to talk to one of our agents to make sure your covered and protected during every moment while out driving for these rideshare services. Give Rideshare Insurance Chicago a call today!