Ride Share
Do you offer transportation with one of the major rideshare companies like Lyft or Uber? Perhaps you have started doing food deliveries as more food delivery companies pop up to meet the need of persons working from home. Even product delivery can fall under a rideshare option.
So, if you’re offering any of these services, then you need to address the protection of you, your business, and the customers you serve. Because even the most careful of drivers and riders can meet in an accident. And that’s where rideshare insurance comes into play.
What is rideshare insurance?
Rideshare insurance is additional coverage that fills the gap between employer-provided insurance and your personal vehicle insurance.
Most personal vehicle insurance doesn’t cover the transportation of people or delivery of goods. So, you need an additional rider or other insurance policy to cover this aspect.
Getting quotes for rideshare insurance
Make sure to compare quotes so that you get the best value for money. The cheapest is not always the best at covering the insurance needs you have. And now that you know what can happen in a pandemic, it’s also good to have business interruption or professional liability insurance.
And once you have your insurance, remember to submit claims as soon as possible. There is a time limit that can lead to your claim being denied, so submitting early is key. So, utilize digital solutions like the ClaimsMaid app to make it easier to submit your claims in real-time, even as you manage your business.