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While gig work, like rideshare driving, is one of the most popular side hustles, the average cost of full coverage car insurance has increased 31 percent since 2023, and drivers may feel the ...
Your rideshare insurance policy covers you and your vehicle during period one, when you’re waiting for a request. The cost varies from person to person since car insurance is highly personalized.
The group is particularly pushing for lawmakers to reduce the minimum liability coverage taxi and ride-share drivers are required to carry from a $200,000 to $50,000. Christopher Sadowski
The legality of ridesharing companies by jurisdiction varies; in some areas they are considered to be illegal taxi operations, while in other areas, they are subject to regulations that can include requirements for driver background checks, fares, caps on the number of drivers in an area, insurance, licensing, and minimum wage.
New York-based startup Inshur, which provides bespoke insurance for workers in the on-demand economy, has secured $19 million in Series B funding. The insurtech startup, which launched in 2016 ...
Rideshare coverage If you drive for Uber, Lyft or rideshare companies, you need this add-on. Regular car insurance excludes rideshare driving and won't cover damages if you're in an accident while ...
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