UBER car insurance (UBER auto insurance)

Uber Insurance for Drivers in New York City

Are you looking to earn money as an Uber driver? Great idea! But, hold on — before you hit the road, consider the Uber insurance options. Nowadays, more and more people want to become Uber cabbies, so insurance carriers are updating their policies to keep up with this trend. There’s also the catch: in New York City, regular car insurance doesn’t cover driving for Uber.

So what do you need to do? It’s easy — you should purchase special commercial auto insurance or “rideshare coverage”, also known as TLC insurance. In this article, we’ll explain what it means and where to get it.

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What Is Uber & How Does It Work in NYC?

Uber is a ridesharing platform classified as a Transportation Network Company (TNC). By a mobile app, passengers can connect with drivers nearby. However, Uber auto insurance policies in New York City differ from those in the state. In New York City, Uber drivers must have TLC insurance, also called for-hire insurance, which is the type of insurance to drive a TLC plates vehicle legally. TLC insurance protects the driver, passengers, and others on the road.

Although Uber is similar to taxi services, it’s regulated differently under New York City laws. Several Black Car and Livery bases associated with Uber are licensed by the Taxi & Limousine Commission (TLC). This allows taxi drivers to work independently and accept pre-arranged rides online via the app.

Doesn’t Uber Provide Car Insurance?

One crucial point to note is that Uber doesn’t provide complete coverage on its own in New York City. Cabbies must have their own commercial insurance in place, specifically designed for ridesharing.

Uber insurance in the rest of the NY state outside of NYC kicks in under specific conditions and cannot be relied on as a primary coverage option. Here’s how it works:

When the app is off, you’re covered only by your personal or commercial car insurance.
When the app is on, but no trip is yet accepted, only a basic level of insurance applies.
When you’ve accepted a trip, enhanced coverage lasts until the passenger exits the vehicle. This coverage works alongside your rideshare insurance and doesn’t replace it.

Over the years, Uber has improved its insurance policy. But it’s still vital to stay updated, as the rules of the company can change. For example, coverage used to apply only when a passenger was in the car, but Uber has since broadened this. This is important for Uber drivers in New York, particularly those licensed as cabbies, to understand the specific insurance requirements they must meet.

Insurance Requirements for Uber Drivers in New York City

NYC has strict Uber car insurance requirements. Commercial Uber insurance(TLC Insurance)must meet the following minimums:

$100,000 per person for bodily injury.
$300,000 per accident for bodily injury.
$200,000 for personal injury protection (no-fault).
10,000 for property damage

For the remainder of the state, the company provides insurance for Uber cars for those driving during trips.

$1 m of liability insurance per accident.
$1 m in uninsured/underinsured motorist bodily injury coverage per accident.
No-fault coverage as required by New York State.

When the driver logs into the app but is not on a trip, Uber provides more limited coverage:

$75,000 per person.
$150,000 per accident for bodily injury liability.
$25,000 for property damage liability.

When the driver is not logged into the app, they must rely on their own commercial insurance.

How To Use Uber Insurance Coverage Along With Your Insurance outside of NYC

There is only one way for Uber drivers in Brooklyn, New York to manage their insurance. In particular, it includes:

Buy commercial car insurance, also called TLC Insurance. This option is ideal if you work for Uber full-time or often use your vehicle for ride-sharing.

Currently, New York State doesn’t have laws that specifically require ridesharing insurance, but it’s a standard practice among Uber drivers to carry it. If you’re worried about financial losses, or physical injuries, consider this extra protection. Before deciding, compare quotes and prices from different insurance firms.

Why You Should Take Out Uber Car Insurance in A&Y Royal

At A&Y Royal, we appreciate the particular insurance requirements applicable to Uber drivers. Our goal is to find the most cost-effective and reliable solution for you. We can provide ALL the carriers with limousine and taxi insurance in New York City.

By choosing A&Y Royal, you can ensure that you’re fully covered, whether you’re logged into the Uber app or not. We’ll help you secure FH-1, insurance certificate, giving you the peace of mind you need while on the road.