Best Car Insurance for Rideshare Drivers in 2024 (Compare the Top 10 Companies)
When looking for the best car insurance for rideshare drivers, consider providers such as State Farm, Progressive, and Allstate. Progressive offers rates starting at $70 per month, State Farm is known for personalized service and flexibility, and Allstate features accident forgiveness and various discounts.
Free Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Mary Martin
Published Legal Expert
Mary Martin has been a legal writer and editor for over 20 years, responsible for ensuring that content is straightforward, correct, and helpful for the consumer. In addition, she worked on writing monthly newsletter columns for media, lawyers, and consumers. Ms. Martin also has experience with internal staff and HR operations. Mary was employed for almost 30 years by the nationwide legal publi...
Published Legal Expert
UPDATED: Oct 1, 2024
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
UPDATED: Oct 1, 2024
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
On This Page
13,128 reviewsCompany Facts
Full Coverage for Rideshare Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
13,128 reviews
11,413 reviewsCompany Facts
Full Coverage for Rideshare Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
11,413 reviewsExplore the best car insurance for rideshare drivers from providers like State Farm, Progressive, and Allstate; options start at $70/month.
If you’re wondering, “Is it bad to switch insurance companies?.” Evaluating your options can help you find the best coverage for your rideshare needs.
Our Top 10 Company Picks: Best Car Insurance for Rideshare Drivers| Company | Rank | Bundling Discount | A.M. Best | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
 | #1 | 10% | B | Comprehensive Coverage | State Farm |
 | #2 | 12% | A+ | Coverage Options | Progressive |
 | #3 | 15% | A+ | Driving Discounts | Allstate |
 | #4 | 10% | A | Flexible Options | Farmers |
 | #5 | 12% | A | Customizable Policies | Liberty Mutual |
 | #6 | 10% | A++ | Affordable Rates | Travelers |
 | #7 | 11% | A+ | Comprehensive Benefits | Nationwide |
 | #8 | 14% | A | Rideshare Endorsement | American Family |
 | #9 | 11% | A | Competitive Pricing | Safeco |
 | #10 | 10% | A+ | Rideshare Coverage | Erie |
This article explores rideshare auto insurance and top providers that offer this specialized coverage. Enter your ZIP code for the best deals.
- State Farm’s #1 for comprehensive rideshare coverage
- Progressive’s $70/month for extensive rideshare options
- Allstate’s top discounts for rideshare
Free Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Enter your ZIP code below to compare cheap insurance rates.
Secured with SHA-256 Encryption
#1 — State Farm: Top Overall Pick
Pros
- Top-Ranked Coverage: State Farm is ranked #1 for comprehensive coverage, providing extensive protection for rideshare drivers with a strong A.M. Best rating of B.
- Bundling Discounts: They offer a 10% bundling discount, making it more affordable to combine rideshare insurance with other policies.
- Best for Comprehensive Coverage: State Farm’s rideshare insurance is well-regarded for its comprehensive protection, covering a wide range of potential issues while driving.
Cons
- Premiums Can Be High: Although State Farm offers discounts, some drivers may find their premiums higher compared to competitors.
- Availability Limitations: Rideshare insurance may not be available in all states, which can be restrictive for some drivers. Discover more comprehensive coverage at “State Farm Insurance Review.”
#2 — Progressive: Best for Coverage Options
Pros
- Ranked #2 for Coverage Options: Progressive is highly ranked for offering a broad range of coverage options tailored for rideshare drivers, with an excellent A.M. Best rating of A+.
- Generous Bundling Discounts: They provide a 12% bundling discount, which can help reduce overall insurance costs when combined with other policies.
- Comprehensive Protection: Their rideshare insurance is known for its comprehensive coverage options, which address the various needs of rideshare drivers.
Cons
- Complex Policy Details: The extensive range of coverage options can make it difficult to fully understand the policy terms. Learn more about complex policies at “Progressive Insurance Review.”
- Customer Service Issues: Some drivers have reported challenges with Progressive’s customer service and claims processing.
#3 — Allstate: Best for Driving Discounts
Pros
- Best for Driving Discounts: Allstate is ranked #3 for driving discounts, offering up to 15% off for safe driving, which benefits rideshare drivers.
- Top A.M. Best Rating: With an A+ rating from A.M. Best, Allstate provides reliable financial stability and intense coverage. Read more at “Allstate Insurance Review.”
- High Bundling Discount: They offer a 15% bundling discount, which can make their insurance policies more affordable when combined with other types of coverage.
Cons
- Higher Base Rates: Allstate’s base rates might be higher than those of other providers, which could increase costs for some drivers.
- Limited Customization: The range of policy customization options might be less extensive than those offered by some competitors.
Enter your ZIP code below to compare cheap insurance rates.
Secured with SHA-256 Encryption
#4 — Farmers: Best for Flexible Options
Pros
- Ranked #4 for Flexible Options: Farmers is recognized for its flexible insurance options, allowing rideshare drivers to customize their coverage with an A.M. Best rating of A.
- Bundling Discounts: They offer a 10% bundling discount, making it easier to save money when combining rideshare insurance with other policies.
- Comprehensive Flexibility: Farmers provides various flexible policy options that can be tailored to meet the unique needs of rideshare drivers.
Cons
- Premium Variability: Rates can vary significantly depending on individual risk factors, which might make it less predictable for some drivers.
- Complex Policy Terms: The wide range of options can sometimes make it challenging to select and understand the best coverage for your needs. Discover more at “Farmers Insurance Review.”
#5 — Liberty Mutual: Best for Customizable Policies
Pros
- Best for Customizable Policies: Liberty Mutual offers highly customizable insurance policies, which are beneficial for rideshare drivers with diverse needs.
- 12% Bundling Discount: They provide a 12% bundling discount, helping to lower the cost of combining rideshare insurance with other types of coverage.
- Strong A.M. Best Rating: With an A rating from A.M. Best, Liberty Mutual offers reliable coverage and financial stability. Explore our article “Liberty Mutual Insurance Review.”
Cons
- Higher Costs for Rideshare Add-Ons: Adding rideshare coverage might result in higher premiums compared to some competitors.
- Customer Service Variability: Some customers report variability in service quality, which can affect their overall satisfaction.
#6 — Travelers: Best for Affordable Rates
Pros
- Ranked #6 for Affordable Rates: Travelers is known for its affordable rates. It provides cost-effective rideshare insurance with an A++ A.M. Best rating.
- 10% Bundling Discount: They offer a 10% bundling discount, which can help make their rideshare insurance more affordable when combined with other policies.
- Strong Financial Stability: With an A++ rating from A.M. Best, Travelers ensures reliable coverage and support for rideshare drivers.
Cons
- Limited Discounts: Travelers may not offer as many discounts as some other providers, which could affect overall affordability.
- Less Personalized Service: Some drivers find that the service may be less personalized compared to other insurers. Discover more bundling discounts at “Travelers Insurance Review.”
Enter your ZIP code below to compare cheap insurance rates.
Secured with SHA-256 Encryption
#7 — Nationwide: Best for Comprehensive Benefits
Pros
- Best for Comprehensive Benefits: Nationwide is ranked #7 for comprehensive benefits, offering extensive coverage options with an A+ A.M. Best rating.
- 11% Bundling Discount: They provide an 11% bundling discount, making it easier to save when combining rideshare insurance with other policies.
- Strong Customer Ratings: Nationwide is well-regarded for its customer service and support. To learn more, read “How do I renew my car insurance policy with Nationwide?”
Cons
- Premiums Might Be Higher: Depending on individual risk factors, Nationwide’s premiums could be higher than those of other providers.
- Complex Policy Terms: The variety of coverage options can make it challenging to fully understand the details and choose the best policy.
#8 — American Family: Best for Rideshare Endorsement
Pros
- Best for Rideshare Endorsement: American Family offers a specific endorsement for rideshare drivers, providing tailored coverage with an A rating from A.M. Best.
- 14% Bundling Discount: They offer a 14% bundling discount, which can significantly reduce overall insurance costs when combining with other types of coverage.
- Good Student Discounts: Known for attractive discounts for students, American Family provides competitive rates for young drivers.
Cons
- Higher Premiums for Some Drivers: The cost of rideshare insurance may be higher for certain drivers, depending on their profile.
- Availability Issues: Their rideshare endorsement might not be available in all regions, limiting accessibility for some drivers. Discover more at “American Family Insurance Review.”
#9 — Safeco: Best for Competitive Pricing
Pros
- Competitive Pricing: Safeco is known for offering competitive pricing for rideshare insurance, with an A rating from A.M. Best.
- 11% Bundling Discount: They provide an 11% bundling discount, helping to reduce costs when combining rideshare insurance with other policies.
- Strong Reputation: Safeco has a solid reputation for reliability and customer service, ensuring good coverage and support.
Cons
- Limited Discounts: Safeco may not offer a range of discounts as extensive as other providers. Read more at “Safeco Insurance Review.”
- Inconsistent Customer Service: Some customers have reported inconsistent experiences with Safeco’s customer service.
Enter your ZIP code below to compare cheap insurance rates.
Secured with SHA-256 Encryption
#10 — Erie: Best for Rideshare Coverage
Pros
- Best for Rideshare Coverage: Erie is highly ranked for its rideshare coverage, offering specialized protection with an A+ A.M. Best rating.
- 10% Bundling Discount: They offer a 10% bundling discount, which helps lower the overall cost of rideshare insurance when combined with other types of coverage.
- Positive Customer Feedback: Erie receives strong reviews for its customer service and claims handling, ensuring a good experience for policyholders.
Cons
- Availability Issues: Erie’s rideshare insurance may not be available in all states, which can limit options for some drivers. Explore our article “Bundling Home and Auto Insurance with Erie.”
- Fewer Discounts: They might offer fewer discounts compared to other insurance providers, which could impact overall savings.
Understanding Rideshare Auto Insurance
Rideshare Auto Insurance
Rideshare auto insurance is a type of coverage designed specifically for drivers who use their personal vehicles for ridesharing purposes. Traditional auto insurance policies may not cover accidents that occur while driving for a ridesharing service, which is why specialized coverage is essential.
Rideshare Driver Car Insurance Monthly Rates by Provider & Coverage Level| Insurance Company | Minimum Coverage | Full Coverage |
|---|---|---|
| $80 | $105 |
| $80 | $105 |
| $74 | $96 |
| $85 | $110 |
| $78 | $100 |
| $77 | $98 |
| $70 | $90 |
| $72 | $93 |
| $75 | $95 |
| $73 | $95 |
When you sign up to be a rideshare driver, you essentially become a small business owner. You are responsible for providing transportation services to passengers, and with that responsibility comes the need for proper insurance coverage.
Rideshare auto insurance fills the gap that traditional policies leave, ensuring that you are protected in case of any unforeseen incidents. With rideshare auto insurance, you can rest easy knowing that your coverage specifically addresses the unique risks and challenges of being a rideshare driver.
Whether you’re driving for Uber, Lyft, or any other rideshare platform, having the right insurance policy in place is crucial.
For those who have recently undergone life changes, such as a divorce, it’s important to explore the best auto insurance discount for divorced people to ensure they’re maximizing their savings.
These discounts can help make insurance more affordable while still providing the coverage needed to protect you and your vehicle during rideshare operations.
Top Auto Insurance Companies for Rideshare Drivers
Geico Rideshare Insurance
Geico offers specialized rideshare insurance to drivers who work for companies like Uber and Lyft. Geico’s rideshare policy covers you during rideshare trips and fills gaps in coverage that may exist under your personal auto insurance policy.
With Geico rideshare insurance, you can feel confident that you’re protected no matter the circumstances. They offer competitive rates and exceptional customer service, making them an excellent choice for rideshare drivers.
Rideshare Drivers Car Insurance Discounts by Provider| Insurance Company | Available Discounts |
|---|---|
| Multi-policy, Safe Driver, New Car, Early Signing, Anti-Theft |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
| Multi-policy, Safe Driver, Safe Vehicle, Early Signing |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
| Multi-policy, Safe Driver, Vehicle Safety Features, Early Signing |
When it comes to rideshare insurance, Geico understands the unique needs of drivers. They know that your vehicle is not just a means of transportation, but also your source of income.
That’s why their rideshare policy is specifically tailored to address the risks and challenges that rideshare drivers face on a daily basis. Geico’s rideshare insurance not only covers you during rideshare trips, but it also provides coverage when you’re using your vehicle for personal use.
This means that whether you’re driving passengers or running errands, you can have peace of mind knowing that you’re protected. Our free online comparison tool below allows you to compare cheap car insurance quotes instantly — just enter your ZIP code to get started.
State Farm Rideshare Insurance
State Farm offers rideshare insurance that covers all phases of the ridesharing process. From the moment you turn on your rideshare app to the moment you drop off your passenger, State Farm has you covered.
In addition to their rideshare coverage, State Farm offers a variety of discounts and benefits for rideshare drivers. These include multi-policy discounts, accident-free discounts, and even discounts for completing defensive driving courses.
State Farm understands that rideshare driving comes with its own set of risks and challenges, and they have tailored their insurance policies to address these specific needs.
They know that your vehicle is not just a means of transportation, but also your livelihood, and they are committed to providing you with the coverage you need to protect your investment.
With State Farm rideshare insurance, you can have peace of mind knowing that you’re protected no matter what happens on the road. Whether it’s an accident, theft, or damage to your vehicle, State Farm has you covered.
Plus, for students looking for reliable protection, State Farm offers some of the best auto insurance for students, making it a great choice for young drivers who need both comprehensive coverage and affordability.
Enter your ZIP code below to compare cheap insurance rates.
Secured with SHA-256 Encryption
Comparing Rideshare Auto Insurance Policies
When it comes to rideshare auto insurance, it’s important to carefully compare your options to ensure you have the coverage you need. Let’s take a closer look at some key factors to consider.
Coverage Options
One of the most crucial aspects to consider when comparing rideshare auto insurance policies is the coverage options available. It’s important to find a policy that provides coverage for both personal and commercial use of your vehicle.
This way, you can rest assured knowing that you are protected regardless of whether you’re driving for personal reasons or working as a rideshare driver.
In addition to personal and commercial use coverage, it’s also wise to look for policies that offer comprehensive coverage for your vehicle. This type of coverage protects against damage caused by accidents, theft, vandalism, and other unforeseen events.
Having comprehensive coverage can give you peace of mind knowing that you are financially protected in various situations.
When exploring coverage options, it’s also worth considering additional coverage such as uninsured/underinsured motorist coverage and medical payments coverage.
These options can provide extra protection in case you’re involved in an accident with an uninsured or underinsured driver, or if you or your passengers require medical treatment after an accident.
Additionally, if you’re considering expanding your financial safety net, you might ask, “Can you have more than one life insurance policy?.” This could offer further peace of mind and ensure you’re comprehensively covered in various aspects of your life.
Pricing Comparison
While price is an important factor to consider when choosing rideshare auto insurance, it shouldn’t be the sole consideration. While it’s natural to want to save money, it’s equally important to ensure that you’re getting the coverage you need.
When comparing prices from different insurance companies, it’s essential to take into account any additional benefits or discounts they offer. Some insurers may provide extra perks such as roadside assistance or accident forgiveness, which can be valuable in case of an unexpected event.
Remember, the cheapest policy may not always be the best one for your needs. It’s important to strike a balance between affordability and the level of coverage provided. Look for companies that offer competitive rates without compromising on the coverage that is essential for your peace of mind.
How to Choose the Best Rideshare Auto Insurance
Assessing Your Needs
Before choosing a rideshare auto insurance policy, take a moment to assess your needs. Consider factors like the number of hours you spend driving, the types of passengers you typically transport, and the value of your vehicle.
Ready to find cheaper car insurance coverage? Enter your ZIP code below to begin. By understanding your needs, you can better determine the coverage options that are most important to you. This will help you select a policy that provides adequate protection without unnecessary costs.
Evaluating Insurance Providers
When evaluating insurance providers, consider factors such as their reputation, financial stability, and customer reviews. Look for companies that specialize in rideshare insurance or have dedicated rideshare insurance policies.
Tim Bain Licensed Insurance Agent
Additionally, consider the overall package they offer, including coverage options, pricing, and discounts. A comprehensive evaluation will help you make an informed decision and choose an insurance provider that meets your specific requirements.
Making the Final Decision
Once you’ve done your research, assessed your needs, and evaluated insurance providers, it’s time to make the final decision. Compare your options side by side and weigh the advantages and disadvantages of each.
Additionally, consider specific questions like “Does my auto insurance cover broken windows?” to ensure that all aspects of your coverage meet your needs and protect you from unexpected costs.
Frequently Asked Questions
What is rideshare insurance?
Rideshare insurance is a type of insurance coverage specifically designed for drivers who work for ridesharing companies like Uber or Lyft. It provides coverage for both personal and commercial use of the vehicle.
Why do rideshare drivers need car insurance?
Rideshare drivers need car insurance because their auto insurance policies typically do not cover them while working for a ridesharing company. Rideshare insurance provides the necessary coverage during this period.
Get the right car insurance at the best price — enter your ZIP code below to shop for coverage from the top insurers.
What does rideshare insurance cover?
Rideshare insurance covers the driver’s liability for bodily injury and property damage to others while driving for a ridesharing company. It also provides coverage for the driver’s vehicle in case of accidents or damage.
Similarly, if you’re a sales representative using a company car, it’s essential to look into the “Best Auto Insurance Discounts for Sales Representatives with Company Car” to ensure you’re getting appropriate coverage at the best possible rate.
As rideshare drivers require specialized insurance, sales representatives can benefit from tailored discounts and coverage options that fit their unique needs.
Is rideshare insurance expensive?
The cost of rideshare insurance can vary depending on several factors, such as the driver’s location, driving history, and the coverage limits chosen.
While it may be slightly more expensive than regular personal auto insurance, the additional cost is necessary to ensure proper coverage during ridesharing activities.
Do all insurance companies offer rideshare insurance?
No, not all insurance companies offer rideshare insurance. However, an increasing number of insurance providers now offer specialized policies tailored for rideshare drivers.
Drivers should check with their insurance company or shop around to find a provider that offers this coverage. Our free online comparison tool above allows you to compare cheap car insurance quotes instantly—enter your ZIP code to get started.
Can rideshare drivers rely on their auto insurance?
No, personal auto insurance policies typically exclude coverage for commercial activities such as ridesharing.
If a rideshare driver solely relies on their auto insurance and gets into an accident while driving for a ridesharing company, they may not be covered, leading to potential financial liabilities.
Similarly, delivery drivers for companies like Marco’s Pizza should ensure appropriate coverage, as personal policies may not extend to business use.
Checking for specialized policies like “Marco’s Pizza Auto Insurance” can help drivers avoid gaps in coverage and protect themselves from unforeseen costs related to accidents while on the job.
What is rideshare auto insurance, and why do I need it?
Rideshare auto insurance is specifically designed for drivers who use their vehicles for ridesharing services like Uber or Lyft.
Unlike traditional auto insurance, rideshare policies cover you when you’re actively engaged in rideshare activities, filling coverage gaps left by standard policies.
It is essential to have this specialized coverage to ensure you’re protected in case of accidents or incidents that occur while driving for a ridesharing service.
How do I know if I’m getting the best car insurance for rideshare drivers?
To determine if you’re getting the best car insurance for rideshare drivers, compare different policies based on coverage options, customer reviews, and discounts offered.
Ready to shop around for the best car insurance company? Enter your ZIP code below and see which offers the coverage you need.
Look for policies that provide comprehensive coverage during personal and rideshare driving, offer good bundling discounts, and have high customer satisfaction ratings.
It’s also helpful to review each provider’s A.M. Best rating for financial stability and reliability.
Can switching insurance companies affect my coverage?
Switching insurance companies can impact your coverage, but it’s often beneficial if you find a policy that better suits your needs. Before making the switch, carefully review the new policy to ensure it covers all necessary aspects, especially if you’re using your vehicle for ridesharing.
Additionally, consider the potential benefits of the new policy, such as improved coverage options or discounts. Make sure there is no lapse in coverage during the transition.
If you’re in a location-specific market like Maryland, you may want to explore “Cheap Car Insurance in Maryland” to find affordable options that still offer robust coverage.
Ensuring continuity in your policy while securing cost-effective insurance can provide financial protection and peace of mind during any transition.
Does my auto insurance cover broken windows?
Whether or not your auto insurance covers broken windows depends on the specifics of your policy. Typically, comprehensive coverage within an auto insurance policy would cover damage to your vehicle’s windows, including those broken due to vandalism, theft, or natural events.
Check your policy details or contact your insurance provider to confirm if window damage is included and to understand any potential deductibles or limitations.
Enter your ZIP code below to compare cheap insurance rates.
Secured with SHA-256 Encryption
Mary Martin
Published Legal Expert
Mary Martin has been a legal writer and editor for over 20 years, responsible for ensuring that content is straightforward, correct, and helpful for the consumer. In addition, she worked on writing monthly newsletter columns for media, lawyers, and consumers. Ms. Martin also has experience with internal staff and HR operations. Mary was employed for almost 30 years by the nationwide legal publi...
Published Legal Expert
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.