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Indiana has a few rideshare options, including Farmers, GEICO, SafeCo, State Farm, and USAA.

State Farm

State Farm’s rideshare endorsement is more extensive than most other options since they extend their coverage limits during period 1, 2 and 3.  This means that your personal deductible will be in effect any time you are behind the wheel, even when you are driving for Uber or Lyft.  Also, if you have other coverages such as medical, towing and rental car coverage, those will also be in affect even when driving for Uber and Lyft

Mike Kornafel 765-474-1547

USAA

USAA is a well-known financial services company that exclusively serves the military community and their families since 1922. As part of their auto insurance products, USAA now offers a rideshare endorsement that covers Period 1 (app on, but no passenger) and you won’t be dropped for letting them know you are a rideshare driver.

USAA Rideshare Information and Quote

Allstate

Allstate’s new rideshare coverage is unique. While it provides coverage during period 1, Allstate’s rideshare coverage also helps fill the gap that arises when a customer’s personal auto policy liability coverage limits are greater than what’s provided by Uber and Lyft during period 1, 2 and 3. The coverage also protects drivers against high deductibles that ridesharing companies have for their coverage.

GEICO

With a single policy, it doesn’t matter whether you’re “on the clock” or just driving for personal reasons. Eliminate coverage gaps and don’t worry about which policy is primary if you have an accident. Best of all, GEICO’s ridesharing coverage is offered at rates typically much lower than taxi and commercial rates.  Also, Uber, Lyft, or other on-demand service—drivers are not limited to just one transportation network company.

Travelers Insurance

Travelers is the fifth largest insurance company in the country.  The company was founded over 150 years ago.  They are currently rate A++ (Superior) by A.M Best.

Farmers

Farmers offers a rideshare-friendly policy add-on which extends your coverage during period 1 (app on, but no passenger). You won’t be dropped for telling them you’re a rideshare driver; however, you will be reliant on Uber or Lyft’s insurance policies during periods 2 and 3.

SafeCo

SafeCo, a subsidiary of Liberty Mutual founded in 1923, offers auto, homeowners and liability insurance. They offer an affordable rideshare endorsement as an addon to your existing SafeCo auto insurance policy which covers you during period 1. During periods 2 and 3, you will be insured only through Uber or Lyft.

 

Return back to the main menu: Rideshare Insurance