Ridesharing has become an essential part of daily transportation in Maryland, with many drivers using platforms like Uber and Lyft for full-time income or side earnings. While these companies provide insurance coverage, many drivers are surprised to learn that the protection offered is limited and depends heavily on the driver’s status within the app. When the app is off, the rideshare company provides no coverage at all. When the app is on but no ride has been accepted, coverage is minimal and may not fully protect the driver in a serious accident. Additional rideshare insurance can cover the gaps and reduce exposure to significant financial risk.
Why Personal Auto Insurance May Not Be Enough
Most personal auto insurance policies in Maryland exclude coverage for commercial activities, including ridesharing. If an accident occurs while a driver is logged into a rideshare app, a personal insurer may deny the claim entirely. This can result in drivers being responsible for vehicle repairs, medical expenses, and liability costs out of pocket. Even if the rideshare company’s insurance applies, high deductibles and coverage limits may still create financial strain. Additional rideshare insurance is designed to bridge the gap between personal and company-provided coverage, ensuring more consistent protection.
Enhanced Financial Protection for Maryland Drivers
One of the biggest benefits of additional rideshare insurance is financial security. Accidents can happen at any time, and medical bills, lost wages, and repair costs can add up quickly. Supplemental rideshare coverage helps protect drivers from these unexpected expenses. In Maryland, where insurance requirements and liability laws can be strict, having extra coverage can prevent long-term financial consequences following an accident. This added layer of protection can be especially valuable for drivers who rely on ridesharing as a primary source of income.
Peace of Mind While Driving
Driving for a rideshare company often means spending long hours on busy Maryland roads, from Baltimore’s urban streets to congested highways around the Washington, D.C. metro area. Additional rideshare insurance provides peace of mind by ensuring that drivers are covered regardless of their status in the app. Knowing that coverage applies whether waiting for a ride request or transporting a passenger allows drivers to focus on safe driving rather than worrying about insurance complications.
Protection Against High Deductibles
Rideshare company insurance policies typically come with high deductibles, sometimes reaching several thousand dollars. In the event of an accident, drivers may be responsible for paying this deductible before coverage applies. Additional rideshare insurance can help reduce or eliminate this burden by offering lower deductibles or supplemental coverage that kicks in sooner. This can make a significant difference for drivers who may not have immediate access to large sums of money.
Supporting Long-Term Driving Careers
For many Maryland drivers, ridesharing is more than a temporary gig. It can be a long-term career or a reliable secondary income. Additional rideshare insurance supports this stability by protecting drivers from risks that could otherwise force them off the road. Accidents without proper coverage can lead to vehicle loss or financial hardship, making it difficult to continue driving. With adequate insurance in place, drivers can sustain their work and protect their livelihood.
Rideshare Insurance in Maryland
At Roadway Auto Insurance, we strive to ensure every Maryland driver is safe and financially protected on the road. If you work for a rideshare company, you could be underinsured during your shifts. Contact us today to speak with one of our agents and learn more about the benefits of adding additional coverage to your insurance policy.