Core Insights - Rideshare insurance is essential for drivers working with companies like Uber and Lyft, as personal auto insurance typically does not cover rideshare activities [2][15] - Rideshare insurance provides coverage that fills gaps between personal insurance and the insurance offered by rideshare companies, ensuring drivers are protected during their shifts [3][12] Rideshare Coverage Overview - Rideshare coverage is considered a business activity and is excluded from personal car insurance policies [2] - Major insurance companies, including Allstate and State Farm, offer rideshare coverage as an add-on or standalone policy [4] - Coverage becomes effective when drivers log into rideshare apps and may last until a trip is accepted or longer, depending on the insurer [4] Types of Coverage - Rideshare insurance typically includes property damage liability, bodily injury liability, comprehensive insurance, collision insurance, and uninsured/underinsured motorist insurance [7] - Additional coverage options may include roadside assistance and rental car reimbursement, depending on the insurer [5] Cost of Rideshare Insurance - Adding rideshare coverage increases premiums, with State Farm indicating a 15% to 20% increase, while Mercury insurance offers rates as low as $0.90 per day [6] TNC Insurance Details - Uber and Lyft provide TNC insurance that begins when drivers log into their apps, offering at least $50,000 per person and $100,000 per accident for injuries caused to others, plus $25,000 for property damage [9] - Liability limits increase to at least $1 million when drivers accept a trip or have passengers in the vehicle [10] Compliance and Requirements - Uber and Lyft require state-mandated liability insurance for vehicles used in ridesharing, and drivers should consider adding comprehensive and collision coverage to their personal policies [13] - Not informing insurance companies about rideshare activities may lead to claim denials or policy cancellations [14]