What You Need To Know About Ridesharing Insurance

Ride-sourcing or “ridesharing” as it’s commonly known is the process of transporting customers for a fee through the use of a privately-owned vehicle. It has recently become popular among drivers who are looking to gain a little extra income outside of their normal 9-5 jobs.

Unfortunately, this also brings a huge risk for rideshare drivers which they may not be aware of. Most car insurance policies do not allow “drive for hire” under a personal auto policy, so drivers run the risk of not being covered properly if they have an accident while driving for a rideshare company. It’s a gap that spawned a new “hybrid auto policy” created by GEICO called GEICO Ridesharing Insurance.

This policy replaces the driver’s current personal auto insurance policy and provides coverage for both personal and rideshare use at the same time. The coverage is in effect when the rideshare app is off, when it is on with no passengers in the vehicle, and when it is on with passengers, bridging the gap that the rideshare companies won’t typically cover. Since GEICO Ridesharing Insurance will cover a rideshare driver whether he or she is “on the clock” or just driving for personal reasons, there is no need to worry about which policy will be primary in the event of an accident.

The GEICO Ridesharing Insurance is now available for purchase in:
AL, AZ, AR, CT, CO, DE, DC, FL, GA, ID, IL, IN, IA, KS, LA, ME, MD, MN, MS, MO, MT, NE, NM, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, VT, VA, WA, WV, WI, and WY.
Check back frequently as we are continually adding states.

The above is meant as general information and provides general policy descriptions to help you understand the different types of coverages. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions expressly stated in any contracts of insurance. We encourage you to speak to your insurance representative and to read your policy contract to fully understand your coverages.

Originally published September 2015.

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  1. Gilford Mberi says

    When is the ride sharing insurance coming to California? I live in California and have been driving for Uber under my regular coverage. I would like to explore this new coverage by Geico.

  2. Linda Chan says

    Please get it in NV soon! I’m switching to Geico from another insurance company that doesn’t have rideshare too. So happy to be saving some money but I’m so bummed out that rideshare isn’t available in NV because Vegas is big on Uber/Lyft. I don’t want Allstate or Statefarm, I want Geico!!

      • laura says

        hawaii yet? I heard a rumor that you are offering here. I am an independent agent and I really want somewhere to refer clients who want to do this because none of our carriers are willing.

  3. Harold Smith says

    When will it be available in New York? Will it be available by June 29th when ride-sharing becomes available here?

  4. Greg C says

    I am a current GEICO customer looking into leasing a car through Uber. Do you offer the coverage required for their Uber Exchange Lease program?

  5. Mark says

    Some airports will not allow Uber driver transport customer to and from terminals unless they carry a $1M policy on there own, not the Uber excess policy for $1M. Can GEICO offer a $1M policy direct for driver?

    • SUZETTE D HALE says

      From what I’ve heard…. if you are in an accident when you are online to accept ride with No Passanger….. your reg insurane wont cover and uber only covers if you have a paying uber passenger IN YOUR CAR

      • laura says

        not only that, but the insurance carriers that I represent say once they hear that you are doing ridesharing, they will cancel your policy.

  6. David P. Wisla says

    GEICO can offer such a policy because in most states these are UNREGULATED businesses. I know people who carry and deliver overnight envelopes or small packages and they need for -hire commercial vehicle insurance. Actually, it is not the states that regulate transportation of goods or people, but the Federal Government, specifically the D.O.T. and the F.M.C.S.A. As soon as one of these companies has a serious issue, (injured, killed or accosted passenger for example), and it becomes highly inflamed due to mitigating issues, it will wind it’s way through the courts and become regulated, to whatever degree, just the way all other commercial for hire vehicles are now. You are safe if you are a bike messenger though.

  7. Jeanette Green says

    I post a comment under another article because I didn’t know about this one. This article should be on the front page and since to customer emails since so many young individuals are driving for uber, etc to earn extra cash. What happen to those individuals in NC that you don’t provide/offer this insurance too and think they are covered under personal insurance?