Auto insurance

How Does Rideshare Insurance Work?

After a rideshare accident resulting in severe injuries, it’s vital to seek compensation. However, insurance can vary. You may not know who to pursue compensation from or to what you may be entitled. One important thing to know is that rideshare drivers go through four different periods. Each of these periods dictates who is responsible for compensation.

Here are some of the rideshare periods about which you should know.

Period 0

When a driver does not have the rideshare app on, they are not working for the company. They are traveling for their business or leisure. During this period, the driver’s insurance provider would be responsible for any damages the driver causes because of their negligence.

Period 1

This period starts the moment the driver has their app on and active. However, period 1 is when the driver has not picked up a passenger. Rideshare insurance and the company’s insurance may cover accidents during this time as long as the driver is active.

Period 2

Period 2 starts once the driver has received a ride request and is in transit to pick up the passenger. During this period, the driver’s insurance policy will end, and the rideshare company’s insurance will cover any damages that arise during this time.

Period 3

Period 3 starts once the driver has a customer in their vehicle. The rideshare company’s insurance provider is the active coverage during this time, and any injured party can seek compensation up to their policy limits.

Rideshare companies often have significant policy limits, and we’ll help you understand how to hold negligent parties accountable.

If you suffer injuries, you should know how to safeguard your rights. Our Florida rideshare accident attorneys know how insurance works and who you may hold accountable for accident damages. Let Burnetti, P.A. be your trusted advocates to pursue the most favorable outcome possible on your behalf.

We offer free consultations to answer your questions when you need it most. Call us today at (888) 444-8508.