To keep the PAP affordable for all drivers, the premiums charged do not include the risks associated with commercial business use like public taxi cabs or freight companies. This exclusion is not new and in fact has been a main exclusion in Personal Auto Policies for many decades. (the public pickup and delivery of: people - like a taxi cab, limo or shuttle or goods - like a public delivery or freight company) Used as a public or livery conveyance.Virtually every PAP excludes all coverage - liability, uninsured / underinsured motorist, medical payments and physical damage - if your vehicle is: Special insurance is required to avoid being uninsured for both auto liability and physical damage protection for your vehicle. J ust sign up with a mobile app service like UBER or Lyft and provide your vehicle as a ride service like a taxi for hire.īefore you sign up with Uber or Lyft you need to know that the auto insurance issues are complex. Working for these services allows you to make some extra cash, don’t go broke because of an uninsured accident on the job.How to “void” all coverage under your Personal Auto Policy (PAP)? They can help you navigate what coverage options you have and make sure you are protected in the event of an accident. We know insurance can be confusing and that is why we are here to help! If you drive or deliver for one of these services or are considering it, have a discussion with one of our licensed agents today. This Is special coverage, either tacked on to your existing policy or on its own, that provides coverage to fill the gaps. Many carriers offer the option to add an insurance endorsement or policy. Don’t worry! With the rise in the use of these services, the insurance industry has adapted. When looking at your personal auto insurance policy and the insurance options provided to you by the service company, you likely found some gaps. Are there time periods when you are excluded from your personal auto insurance policy, but the service company doesn’t provide coverage? If the service company provides coverage, is it enough? Does it include medical or comprehensive and collision coverage? Are there any deductibles and are they manageable? So, you’ve reviewed the insurance options from the service company, now what? Is it when you get a notification to go pick up a person or goods or does it start at the time of pick up? Are there differences between rideshare periods? Pay attention to the specifics of when coverage is active.Is there excess coverage? If so, this means that the service company will only pay after all other insurance options have been used.Do you see references to primary coverage? If so, the service company may pay before any other insurance policy does.Is the coverage contingent? If so, this means that the service company will only provide coverage if your own personal auto policy does.When reviewing any coverage options, pay attention to the following: Sometimes a company will only provide coverage during the actual delivery time and not when driving to pick up or while waiting for another dispatch. It is important to find out what coverage your service company offers its drivers. This can include the time you use driving to pick up a person or goods, actual delivery or transportation time, and any time spent waiting for another pickup.īut the service company probably has insurance coverage, right? This is because most personal auto insurance policies have exclusions regarding “public or livery conveyance.” In other words, when a vehicle is being used for the transportation of people or goods for a charge, that time period isn’t covered under your personal auto insurance. When you drive or deliver for one of these services, you may not be as covered as you think when it comes to your auto insurance. However, there is a huge risk factor that isn’t discussed often… When you work for one of these services you get to set your own schedule, meet new people, and put extra money in your pocket. These services make life a little more convenient and give people new income sources. Services like Lyft, Uber, Doordash, and GrubHub are popping up all over the country.
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