How Lyft’s insurance works
Lyft’s insurance coverage changes depending on whether you’re waiting for a request, driving to a pickup, or on an active ride. Those shifts leave gaps in protection—so you’ll need your own policy to stay fully covered.
Should you buy rideshare insurance?
Yes, you need rideshare insurance if you’re a Lyft driver. Rideshare insurance bridges the gap between your personal coverage and Lyft’s limited protection.
Consider rideshare insurance if:
- You drive for Lyft regularly.
- You drive during high-traffic times, when accidents are likely.
- You can’t afford to replace your car if it’s totaled.
How much rideshare insurance costs
Jerry customers have purchased liability-only rideshare insurance for 121-221 per month in the last year, but your actual rate depends on factors like:
🕐 Driving hours. Part-time drivers pay less than full-timers.
🚗 Driving history. Having tickets and accidents on your record increases costs.
📊 Coverage limits. State minimum policies are cheaper but offer less coverage.
📍 Zip code. Driving in cities means more claims and higher rates.
🏢 Insurance company. Car insurance costs can vary significantly depending on the carrier.
Be sure to tell your insurer you’re a Lyft driver
Your personal car insurance policy likely won’t cover using your car for business purposes. If you don’t tell your insurer you drive for Lyft and get into an accident, you can expect:
- Denied claims, even if it’s an accident on personal time.
- Full financial responsibility, including medical bills and car repair costs.
- Policy cancellation.
- Difficulty finding a company to insure you in the future.
Faq
- 🚫 Does your personal insurance cover you when driving for Lyft?
- 🛡️ Do Lyft drivers need extra car insurance?
- 📱 Does Lyft have insurance for drivers?
- 💥 What happens if I get in an accident while driving for Lyft?
- 🔄 Can I add rideshare coverage to any insurance policy?
