Rideshare and delivery gigs can help you make some extra money, but you’ll want to make sure you’re fully protected during your gig work. A regular auto insurance policy doesn’t cover any type of commercial activity, which means that you could find yourself facing large bills if you’re in any type of accident.
Riders vs. Commercial Insurance
If you primarily use your vehicle for personal purposes, you may be able to add a rider to your personal auto insurance policy instead of buying commercial insurance. A rider (aka endorsement) adds coverage for occasional commercial use, providing you with the protection you need to use your vehicle for both commercial and personal purposes. However, riders don’t offer as much liability coverage as a commercial auto insurance policy. What’s more, your insurer may deny compensation for repeated claims related to commercial activity.
If you do rideshare and/or delivery work on a very regular basis, commercial auto insurance is a worthwhile investment. It offers higher liability and property damage limits than personal auto insurance coverage. Furthermore, you won’t be denied compensation simply because the claim is related to commercial work.
Call Noyes Hall & Allen Insurance in South Portland, ME, for More Information
Our team at Noyes Hall & Allen Insurance is always happy to help South Portland, ME, drivers get the insurance coverage they need at a price they can afford. We offer various forms of auto insurance from multiple carriers to make it easy for you to find the policy that meets your exact needs. Give us a call, let us know what type of protection you need for your vehicle, and we’ll help you review your options to make informed coverage decisions.