Using your car for ridesharing, food delivery, or car sharing services can make for a great side-job or even a full-time gig.
But it’s important to understand your auto insurance coverage when personal use and business start to mix. Take a look.
Ridesharing
Companies like Uber and Lyft offer drivers some insurance coverage and use offline and online to draw the line between their policy and your own.
Ridesharing
An insurance agent can designate your car as business use to help avoid gaps in coverage.
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Food Delivery
Auto coverage from the likes of DoorDash, Uber Eats, Instacart, and Grubhub is hit or miss.
Food Delivery
A lack of consistency across the delivery industry creates an insurance gray area, which unfortunately puts delivery drivers at risk.
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Food Delivery
A business use designation on your vehicle is a relatively cheap way to insure your car for limited business use.
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Car Sharing
Your personal auto policy voids coverage when sharing your car through a company like Turo, so Turo offers hosts a variety of insurance options.
Car Sharing
If you have your own commercial policy in place, you can waive Turo’s plans and any damage to your vehicle runs through your commercial policy.
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The most important thing for on-demand service drivers is to call your local insurance agent and let them know you will be using your vehicle for business.