From Personal to Commercial : Rideshare & Insurance...

​In a world where the cost of living is increasing, bills are due and you’re not ready to give up your daily Starbucks, why not put your personal car to good use.  Being an Uber or Lyft driver is a great way to make an extra buck.  However, make sure you are properly covered while playing chauffeur.  It's important to let your insurance agent know if you drive for Uber or Lyft since it affects the kind of coverage you need. You might not be sufficiently covered while ridesharing under standard personal auto insurance policies, which could result in coverage gaps. Your agent can assist in identifying these gaps and making appropriate remedy recommendations. The last thing you want is to have an accident while earning some extra dough for the family, only to find out your insurance company is not going to cover it. It's important to keep them and your agent in the loop. They too enjoy the daily Starbucks run, by the way.