Paul Dreher Director of Personal Insurance View Bio

It’s no secret that many people in New York State are excited about the arrival of rideshare companies, like Uber and Lyft. Not only are they a convenient way to get where you want to go, but these companies create an influx of full-time or part-time job opportunities for those who want to become drivers.
All of this is great news. However, there is a catch.

When you become a driver for Uber or Lyft, your auto insurance starts to involve different types of risk, especially in New York State.
Ridesharing is a new and evolving business that still has many grey areas in terms of insurance policies and beyond. If you have any questions regarding becoming a driver for a rideshare company pertaining to how the insurance coverage works, please contact us.

To view Uber’s explanation of their insurance policy, click here. Lyft’s coverage is similar; however their physical damage deductible is $2,500.

 

What's the Risk of Driving for a Rideshare Company in NYS Infographic

Illustration of the risk associated with driving for Uber or Lyft and any rideshare company in NYS.

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