With technology leading the way, folks can now bypass the traditional taxi and opt for a cheaper ride using Uber, a virtual taxi service where folk’s book rides via a mobile app and get driven around by folks using their personal vehicles.
Uber (formally known as UberCab) was founded in March 2009 and has taken the mobile sphere by storm with its quick, convenient way of booking rides. In response, competitors have also made their way into the market as well, such as Lyft (2012) and Curb (2014).
While driving for Uber can provide you with some extra cash, the lines between personal and commercial use get blurred when you’re getting paid money to use your personal automobile to drive people around.
If “driving-for-hire” is listed under exclusions, you may want to purchase a supplemental commercial car insurance policy. This should cover you in the event you get into any accidents while on the job. The investment may not be feasible if you’re just a part-time driver, but full-time drivers should definitely consider purchasing car insurance for Uber drivers.
While Uber requires every driver to have personal auto insurance, Uber also provides liability insurance to drivers as well
When the app is on
On The Trip