Your express lane to comprehensive insurance.
As an Uber or Lyft driver, don’t risk being uninsured in the event of an accident that could end up costing you tens of thousands of dollars, if not more, out of pocket. For proper protection against potential liability claims involving bodily injury or property damage arising from an accident while you’re transporting passengers, you should carry ridesharing or TNC (Transportation Network Companies) insurance. A personal auto policy typically excludes coverage for livery including ridesharing activities. Even if you have coverage through Uber or Lyft, this may not be enough and it’s not always active. For example, when you have your app on and are waiting for a ride, coverage from Uber or Lyft will not respond in the event of an accident.
With ridesharing or TNC insurance from American Risk Management, Inc. (ARM), you’ll have coverage for personal auto use and for the times as a driver you are signed in to a ridesharing app, but not covered by Uber’s or Lyft’s insurance. You’ll have peace of mind knowing you are in fact insured while on the job.
RIDE SHARING (TNC) insurance
Insuring your ridesharing business.
ARM has more than 80 years of experience in the commercial automobile insurance business and has kept pace with providing solutions to an evolving transportation industry. This includes the ridesharing sector, which has became commonplace in cities across the U.S., including in the Washington, D.C. metro area, our geographic footprint. To help bridge the gap between what personal auto insurance covers and an Uber or Lyft policy, ARM can provide you with a hybrid insurance package, which is specifically designed to replace your personal auto insurance with a rideshare-friendly plan.
Ridesharing insurance provides coverage whether you’re driving on or off the clock and includes bodily injury & property damage liability, medical payments, uninsured/underinsured motorists, comprehensive and collision coverage. Note: If you have multiple vehicles in your household, you’ll need to continue to carry personal auto insurance on the cars not being used for rideshare services.
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