Staybull Insurance is proud to announce that we offer insurance for drivers operating under rideshare programs such as Uber and Lyft. We are now able to offer a regular auto policy with the rideshare endorsement at competitive rates throughout the State of Florida. Many Florida insurance carriers do not offer coverage for this market and we are here to help. If you are driving for a rideshare service it is important to make sure that you are properly covered in the event of a claim. We will do out best to help you purchase a policy that is affordable and fits your needs. If you have any questions about rideshare insurance, please feel free to give us a call.
Florida Rideshare Insurance FAQs
Why do I need special insurance because I drive for a rideshare program? Insurance is based on risk and insurance carriers see rideshare drivers as high risk because they drive more. Rideshare operators also transport people so this can lead to an increase in risk.
Will my current insurance carrier cover me if I drive for a rideshare service? Not all insurance companies offer this type of coverage. It is important that you talk to your insurance carrier to make sure you are properly covered in the event of a claim. Many insurance companies will non-renew or cancel your coverage if you operate for a rideshare service.
What would an auto policy with the rideshare endorsement cover? Typically companies like Uber and Lyft provide coverage for you when you “accept” a ride. During the ride the rideshare company’s commercial auto insurance applies. Then, when the rider exits the vehicle, and you are waiting for another rider, your personal policy applies. When you are not logged into the app or transporting people, it is just like a normal auto policy and all of the coverage you selected applies. Below you will see a diagram that will help you understand how this coverage works.
How much does insurance cost for rideshare operators in Florida? Insurance rates vary greatly throughout the State of Florida and are based on many factors. Some of the major factors that determine insurance rates include your age, driving record, credit and claims history. If you are operating for a rideshare company such as Uber or Lyft you will also need to add the “rideshare” endorsement and this can increase the premium.
Is this considered commercial insurance? No, this is a personal auto policy the rideshare endorsement. This type of policy would provide coverage while you are using the vehicle for personal use and in between rides when the rideshare company’s commercial auto insurance does not apply.
Why choose us for your rideshare insurance?
Experience – We offer insurance for a variety of high risk specialty markets all across the State of Florida. Our trained agents will help you purchase insurance that fits your needs and your budget.
Our Carriers – We provide insurance for many major Florida insurance carriers. This allows us to offer some of the best rates on the market.
Technology – Our agency uses some of the most advanced technology in the industry. We understand our clients have busy schedules and we do our best to provide insurance services in a timely and efficient manner. With us, you can chat, request a quote, and purchase insurance form any computer or smartphone.