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Updated
California requires every rideshare driver to have certain insurance coverage and liability limits, keeping the roads and ridesharing community safe. Since many of these companies kickstart in this state, you should find a variety of options and insurance coverage options.
California requires rideshare drivers to keep a minimum amount of coverage, and that amount differs from requirements for other drivers.
While waiting for a passenger, ridesharers must have these coverage limits:
In addition, drivers must carry at least $1 million in liability and uninsured/underinsured motorist coverage while transporting a passenger.
If you’re driving with an established rideshare company, you won’t have to worry about meeting these limits on your own. Your company is required to offer at least this coverage while you’re working.
However, this can get confusing if you commute, drive off-the-clock or need extra coverage not provided by your company, like comprehensive or collision.
On average, you can expect rideshare insurance to cost an extra 10% to 20% of your car insurance premium. Since the average annual California premium is $1,698, rideshare coverage may add $14 to $28 extra per month.
But that amount may vary based on your insurance provider, type of car, location, driving record and coverage provided by your rideshare company.
Many drivers benefit from an extra rideshare policy, even if their company provides some coverage. That’s because companies may not provide the coverage you need for full protection, such as collision or comprehensive.
Reasons you might consider a separate rideshare policy:
While rideshare coverage is a fairly new option for companies, some insurers stand out in their offerings.
Many rideshare companies start testing the market in California, so it may have more options. While companies must provide the required minimum insurance, extra coverage can differ between companies.
For example, Uber offers comprehensive and collision if you have that coverage on your personal policy. Other California rideshares might include this coverage without this stipulation, as an additional cost or forgo it entirely, depending on the company’s size.
When looking into additional rideshare coverage, you might take several factors into account:
California has a wide variety of startup and established rideshare services, but it does require all rideshare drivers to meet a minimum level of insurance. Each company may meet these requirements or go above and beyond with additional coverage like comprehensive or collision.
California requires its wide variety of startups to meet its minimum level of insurance. If you’re looking for additional coverage, like comprehensive or collision, shop around to find car insurance that’s right for you.
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