Rideshare providers like Uber (#uber), Lyft (#lyft) and Sidecar (#sidecar) have gained in popularity, but unlike taxis or limousines, Rideshare drivers use their own personal vehicles to transport riders. But, personal auto insurance ceases when the driver turns their App. on. Rideshare companies (#rideshare) typically provide some level of insurance coverage during the time a driver has accepted a trip from the app until the driver has dropped the passenger off. This leaves the driver on the hook for insurance when the app is on and the driver is seeking riders. Starting July 1, 2015 rideshare drivers are legally required to be covered from the moment they turn on their app.
On May 28, 2015, Farmers (#farmers) will be the first major carrier in California to begin offering a new Rideshare Endorsement through Farmers Specialty Insurance Company. This will extend your coverage up until the Rideshare coverage kicks in so you do not have a gap in coverage. If you are engaged with one of these Businesses, please contact my office (650-876-9600) for a free quote to make sure you have the coverage you need.