Progressive Rideshare Insurance (2023 Guide)

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Progressive ridesharing provides additional support for commercial and personal auto insurance policies.

Driving for services like Uber or Lyft puts you at a higher risk of road accidents. Although most companies offer drivers some coverage, they still leave you with significant liability after an accident. Progressive’s Ride-along Insurance provides additional support for both commercial and personal auto insurance policies. It can help you avoid the financial burden of fines, medical bills, and repair costs.

But Progressive’s ridesharing plan isn’t your only option. Our experts have scoured the industry for the best auto insurance companies, ranking plans, products and services to help you decide what your needs are. Request a free quote and comparative report from providers in your area. Enter your zip code in the search box below to get started.

What is ridesharing insurance?

Personal insurance does not cover accidents that happen while you are transporting passengers from one place to another. Alternatively, commercial insurance policies place restrictions on when you are covered while on the job. Transportation network companies (TNCs) like Uber and Lyft have commercial insurance that only covers you when you’re picking up or dropping off a passenger.

Rideshare insurance bridges the gap in your commercial and personal motor insurance policies, giving you complete protection and peace of mind when you’re on the road. It offers liability insurance for personal injury and property damage, and in some cases reimbursement for rental cars, roadside assistance, and more.

Commercial auto insurance vs. progressive ridesharing insurance

As previously mentioned, Lyft, Uber, and most ride-sharing services offer drivers limited commercial insurance coverage. Progressive offers drivers a way to bypass these limitations through its ridesharing insurance policies.

Carpooling: Commercial car insurance

In most cases, rideshare apps commercial auto insurance coverage is divided into three categories.

  • period 1: This is when you are waiting for a ride request from a passenger. Your app must be on and you can either be parked or driving on the street.
  • period 2: This is when you have accepted a ride and are on your way to pick up the passenger.
  • period 3: This is when you have successfully picked up your passenger and are on the way to their destination.
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Both Lyft and Uber offer rideshare drivers comprehensive coverage for periods two and three. These include liability insurance and underinsured drivers. Collision Damage Waiver and Collision Protection are provided as long as you have them on your personal motor policy. However, you still have to pay a hefty $2,500 deductible if you make a claim.

Most drivers don’t need to worry about phase one as the risk of getting into an accident in this situation is low. In the event of an accident, you are still completely helpless if you injure yourself or your vehicle is damaged.

This is because Uber and Lyft drivers only have liability coverage for Period 1. For that period, the company’s business policy can only cover the medical expenses and auto repair expenses of a person who was involved in an accident you caused. In the meantime, you are responsible for your own medical bills and car repair or replacement costs.

Progressive Rideshare Insurance: Total Protection

The great thing about progressive ridesharing insurance is that it covers everything that your company’s commercial car insurance might not cover.

  • Your app is disabled: Even when you’re not on duty, progressive carpooling can protect you from exorbitant costs resulting from accidents and damage.
  • Waiting for a booking request: Most ridesharing policies only cover property damage and personal injury. With progressive ridesharing insurance, you also get comprehensive coverage, collision protection, insurance for uninsured drivers, as well as other services such as excess reimbursement and roadside assistance.
  • Periods 2 and 3: Rideshares often offer more coverage during these times, but progressive ridesharing adds roadside assistance and rental car reimbursements. With Uber and Lyft, Progressive will reach that $2,500 deductible.
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How much is the carpool insurance?

Many major providers let you get ridesharing insurance for as little as $6 a month. However, insurance costs can change based on location, provider, vehicle type, and more. When deciding to buy ride-along insurance, it’s best to speak to a broker or agent who can help you find the best product for your needs.

Our recommendations for car insurance

Progressive’s ridesharing insurance is fairly competitive, but Progressive isn’t the only company offering it. If Progressive’s ridesharing isn’t for you, GEICO and State Farm are also worth considering. You can compare prices between all three providers using our free quote box below. Enter your zip code to get started.

State Farm: Best overall

State Farm is the most popular auto insurance provider in the US with a wide range of coverage options at affordable prices. Not only does State Farm offer great ridesharing coverage, but they’re also known for offering the best student discount of any major provider, with up to 25% off premiums.

State Farm ranked in the JD Power 2022 US Insurance Shopping Study? 1st place in overall customer satisfaction, demonstrating the quality of customer service. Our experts gave State Farm a 9.4 out of 10.0.

GEICO: Best discounts

GEICO has some of the cheapest auto insurance in the industry. This is due to the number of auto insurance discounts offered to customers, which include savings opportunities for military personnel, federal employees, and good students.

Depending on the type of policy you have, you may also be able to take advantage of additional services such as roadside assistance, ridesharing, mechanical breakdown insurance and rental refunds. Our experts gave GEICO a score of 9.1 out of 10.0 for its competitive prices and excellent services.

Progressive Rideshare Insurance: Frequently Asked Questions

Is ride-sharing insurance mandatory?

Carpooling insurance is not required by law in any state. However, you should inform your insurer about your activity. Hiding this information can result in your provider refusing to pay your claims if you are involved in an accident. If you are a rideshare employee with Progressive private auto insurance, the company requires that you add rideshare coverage to your policy.

Can I only take out ridesharing insurance?

Most insurance companies offer ridesharing insurance as an additional insurance. You can add it to your policy, but you cannot buy it as an individual product. Progressive requires that you purchase ridesharing insurance in addition to standard auto insurance if you work for a ridesharing service like Uber or Lyft.

Does ridesharing insurance reduce my premiums?

Rideshare insurance does not reduce your insurance premiums. Because it’s an add-on service, your prices will increase rather than decrease. You can contact your insurance agent for more details.

methodology

The Detroit Bureau collects data from all major auto insurance providers to create rankings of the best insurers. Our detailed rating system takes into account market share, coverage, auto insurance rate estimates generated by Quadrant Information Services, customer satisfaction, and ratings from industry experts. Each insurer receives a weighted score across four categories and an overall score of 10.0.

We recommend auto insurance companies based on this ranking, but we also encourage you to do your own research and compare offers to find the best coverage.

Progressive is known for being accessible to drivers of all backgrounds due to its competitive pricing and inexpensive discounts. Progressive offers a variety of insurance policies and plans, including collision damage waiver, classic car insurance, and ridesharing insurance.

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