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Erie Insurance
Erie has been around for 90 years. They are currently rated A+ (Superior) by A.M. Best. Erie Insurance ranks highest in customer satisfaction according to the J.D. Power 2015 U.S. Insurance Shopping Study. Erie is one of the first insurance companies in Pennsylvania to offer ridesharing coverage directly on a personal auto policy and covers for periods 1,2 and 3. The personal auto policy options keeps the premiums reasonable and allows drivers to retain the multi-policy discounts if home or other cars are insured with Erie too.
Recommended Agent in PA
Mike Gehman – (215) 804-5072 or mike@innovativeig.com
State Farm
State Farm’s rideshare endorsement extends your 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, no matter which TNC you’re driving for, or which period you’re in. If you have other coverages such as medical, towing and rental car coverage, these too will be in effect while you’re driving for Uber, Lyft, or others.
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.
Liberty Mutual
Liberty Mutual offers very competitive rates with very flexible billing options, Liberty Mutual is a great ride share friendly option. They will not cancel your policy if you are participating in a ride share program. Also, Liberty Mutual does not count rideshare miles for premium rating purposes, assuring very competitive rates.
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