Rideshare insurance is the bane of many drivers’ existences, but what if rideshare companies like Uber and Lyft made it easier to navigate and get? It turns out, Lyft is piloting a new program to test this out. Senior RSG contributor Jay Cradeur covers a new program between Lyft and Geico aimed at giving drivers cheaper access to rideshare insurance.
I don’t know how I did not know about this, but I am now getting paid by Lyft to use Geico rideshare insurance. I recently purchased a badass 2017 black Honda Accord Hybrid, and the first thing I did was to get it insured with a personal auto insurance policy.
The premium was $175 per month for a $500 deductible. A day later, I contacted Geico and requested a quote for rideshare insurance with the same coverage and a $500 deductible. This is when things got very interesting.