Uber and Lyft are a few examples of new ride-sharing services that are being offered. If you offer or use these services, your insurance coverage and protection may be impacted.
Here are a few details:
- The personal auto policy excludes “public or livery conveyance,” so you won’t have coverage from Rockingham if you are operating as a Lyft or Uber Driver. Contact your agent to understand what type of coverage is needed and get the proper policy.
- If you catch a ride from an Uber or Lyft provider, be cautious. In most jurisdictions they are not regulated to the same degree as typical livery services (taxi cabs, limo services, etc.)
- If your ride provider doesn’t have the proper coverage and you are in an accident, your insurance policy may come into play, under the Uninsured or Underinsured Motorist Coverage.
Speak to your local agent today if you are wondering if you have the right coverage. They are here to help you.