Ridesharing can be a profitable side hustle, but many drivers overlook the insurance implications. Personal auto insurance policies typically exclude coverage for commercial use, which can create coverage gaps if you are in an accident while driving for Uber, Lyft, or similar services.
Although rideshare companies provide some insurance, it only applies during certain phases of a trip leaving potential risks. Failing to disclose rideshare activity could lead to denied claims, policy cancellations, or even jeopardized driving privileges. Before getting behind the wheel, make sure you are fully covered to avoid financial setbacks.
In the unfortunate event of a car accident, Ogbuehi Omena Onwezi is here to support you. Reach out at 301-200-1668 for assistance.