If you fail to purchase Uber driver insurance in Chicago, you could run into some trouble. First off, your personal car insurance company is not likely to cover an accident that occurs while you are working for a ridesharing company. It’s possible they could cancel the policy if you fail to disclose you are using the vehicle to earn money. This may also be true if you are using the vehicle to earn money with an app-based delivery service.
Four Phases of Coverage
There are four phases, or periods, of coverage for rideshare drivers. If you only have the Uber driver insurance in Chicago provided by the company, your coverage is extremely limited while the app is on and you are waiting for a ride request. Once you accept a rider and have picked up your passengers, you’ll have better coverage. The four insurance phases work like this:
- Phase 0: The app is turned off. You are covered by your personal insurance policy.
- Phase 1: The app is turned on and you are waiting for a ride request. Your personal policy does not cover you if it doesn’t include Uber driver insurance in Chicago. You are covered by the company, but it is limited to only liability coverage.
- Phase 2: You accept a ride request and are en route to pick up your passenger. Your employer’s policy is in full effect.
- Phase 3: You have picked up your passengers in your car. The employer’s policy is in full effect.
How to Add Rideshare Drivers to Your Policy
When you become a driver for Uber or another rideshare company, it isn’t stand-alone coverage. It’s either an add-on to your personal policy or a hybrid policy. A provider will need to know you are driving for a rideshare company. They can offer additional coverage to fill in gaps or provide a quote on a commercial policy.
Do you need Uber driver insurance in Chicago? Visit the Illinois Automobile Insurance Agency website to learn more. You can also connect them on Facebook.
