Allstate Rideshare Insurance: What You Need to Know

If you drive for Uber or Lyft, or any rideshare company, you need to have the right insurance coverage. Most personal auto insurance policies do not cover commercial activities, including ridesharing. But Allstate has a solution – Allstate Rideshare Insurance. In this article, we’ll explain what Allstate Rideshare Insurance is, how it works, and why it might be the right choice for you.

What is Allstate Rideshare Insurance?

Allstate Rideshare Insurance is a policy designed for drivers who use their personal vehicles to provide ridesharing services. It’s an add-on to your personal auto insurance policy that provides coverage during the period when you are logged into a ridesharing app and waiting for a ride request or while you’re transporting passengers. This coverage is not included in most personal auto insurance policies.

Allstate Rideshare Insurance provides liability coverage up to $1 million per accident, as well as comprehensive and collision coverage. This means you’ll be protected if you’re involved in an accident while driving for a rideshare company.

How Does Allstate Rideshare Insurance Work?

When you sign up for Allstate Rideshare Insurance, you’ll get a separate policy that supplements your personal auto insurance policy. This policy provides coverage during the three stages of ridesharing:

1. Period 1: You are online and waiting for a ride request.
2. Period 2: You have accepted a ride request and are on your way to pick up the passenger.
3. Period 3: You are transporting the passenger to their destination.

During Periods 2 and 3, Allstate Rideshare Insurance provides the same coverage as your personal auto insurance policy. During Period 1, Allstate Rideshare Insurance provides liability coverage up to $50,000 per person, $100,000 per accident, and $25,000 for property damage. This coverage is designed to bridge the gap between your personal auto insurance policy and the rideshare company’s insurance coverage, which typically only provides limited liability coverage during Period 1.

What are the Benefits of Allstate Rideshare Insurance?

There are several benefits to choosing Allstate Rideshare Insurance:

• Peace of mind: You’ll know that you have the right insurance coverage while driving for a rideshare company.
• Affordability: Allstate Rideshare Insurance is an affordable add-on to your personal auto insurance policy.
• Flexibility: Allstate Rideshare Insurance is available in most states where ridesharing is legal.
• One-stop shopping: You can get all your insurance coverage from one provider, simplifying the process.

Who is Eligible for Allstate Rideshare Insurance?

Allstate Rideshare Insurance is available to drivers who use their personal vehicles to provide ridesharing services for companies like Uber and Lyft. You must have a valid driver’s license, meet the eligibility requirements for a personal auto insurance policy, and have a rating of “good” or better from the ridesharing company you drive for.

Allstate Rideshare Insurance Frequently Asked Questions

The Bottom Line

If you drive for Uber, Lyft, or another rideshare company, you need the right insurance coverage to protect yourself and your passengers. Allstate Rideshare Insurance provides the coverage you need during every stage of ridesharing, at an affordable price. Contact your local Allstate agent to learn more and get a quote today.