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Lyft Cuts Express Drive Rates – How it Will Affect Drivers

Recently, several drivers reached out to RSG for more information on the Lyft Express Drive rate cuts. These rate cuts have been taking place across the country, although the roll out has been happening incrementally. RSG contributor Paula Gibbins explains what’s happening with these rate cuts and how they could affect drivers below.

Lyft has updated the terms on their Express Drive program, lowering distance and weekly rental rate coverage due to ‘accident insurance costs.’ Over the last few weeks, drivers from across the country have reached out to RSG via email and Twitter to point out these changes, and we’ll cover what’s going on and why Lyft is making these changes.

Drive with Uber 1

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Lyft Vs Uber: 6 Reasons Why It’s Better To Be a Lyft Driver

Like Lyft more than Uber? You’re not alone! This week, we’ve challenged senior RSG contributors Jay Cradeur and Christian Perea to explain why they like Lyft (Jay) and Uber (Christian) more than the other service. Don’t agree with Jay today? Stay tuned for Wednesday, when Christian explains why he likes Uber more than Lyft.

Want to be a Lyft/Uber driver? Click here to sign up to drive for Lyft or Uber.

Want to be a passenger and ride Uber or Lyft? Click here to sign up for Uber and get free ride credit. Click here to sign up for Lyft and get free ride credit.

Lyft vs Uber: Which is Better to Drive for?

On Monday, I took my blue Prius to the local Firestone for the recommended monthly minor service. From there, I took several Uber trips around the city running errands and back to Firestone.

I had three conversations with Uber drivers about their thoughts on Lyft vs Uber, and each one of them told me they drove exclusively for Uber. They presented some sound rationale for their driving decision. And still, after hearing all their well thought out reasons, I choose to drive primarily for Lyft.  While each driver will have his or her individual desires, wants and needs, mine lead me straight ahead toward Lyft as my primary rideshare company.

Lyft Vs Uber

Lyft Vs Uber

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Lyft Is Paying Me To Carry Geico Rideshare Insurance

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.

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Is Your Car Too Small? Lyft Bans Subcompact Cars

For many drivers, subcompact vehicles are their vehicle of choice due to their usually reasonable gas consumption and maneuverability. However, drivers ability to choose some of the subcompacts may be changing when it comes to Lyft’s new policy. Why did Lyft alter its policy? What does it mean for current drivers of subcompacts? RSG contributor Gabe Ets-Hokin dives in.

Recently, Lyft drivers have started to notice an important change in policy at the newly public company. The company is banning subcompact cars but if you’re already driving with a subcompact car, you will be grandfathered in.

“To provide a comfortable rider experience, certain subcompact vehicles are not eligible on the Lyft platform as of February 25, 2019. Subcompact vehicles typically have an interior combined passenger and cargo volume index of less than 100 cubic feet, which makes for a tight space for passengers.”

Gobsmacked, readers reached out to RSG, having discovered a mishmash list of banned vehicles that seemingly made no sense.

So what was behind this change? And should you be worried?

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RSG093: Why Lyft COO Jon McNeill is All About The Drivers!

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Lyft has always had the reputation for being a more driver-friendly service, but what have they done lately to keep that goodwill from drivers? In this episode, I speak with Lyft’s Chief Operating Officer (COO) Jon McNeill about investments the company is making to improve things for drivers and distinguish themselves from the competition. 

If you’d like to read a transcript of this podcast, please click here.

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