Protect Yourself with Comprehensive Colorado Rideshare Insurance

As the popularity of ridesharing services like Uber and Lyft continues to grow, so does the need for specialized insurance coverage for drivers. Whether you're driving part-time or full-time for a Transportation Network Company (TNC), it's essential to have the right Colorado rideshare insurance to protect yourself and your vehicle.

At ColoradoRideshareInsurance.com, we understand the unique risks and insurance needs of rideshare drivers, and we're here to help you get the coverage you need.

What is Rideshare Insurance?

Our rideshare coverage is an endorsement that can be added to your personal automobile insurance policy. This coverage ensures that you are protected during every phase of your rideshare activity—from the moment you log into the app until you log out. Whether you're between rides or waiting for your next passenger, our Colorado rideshare insurance has you covered.

Why You Need Colorado Rideshare Insurance

In January 2015, Colorado implemented new legislation requiring rideshare drivers to maintain adequate auto insurance coverage during the time they are logged into a TNC app. This law was put in place to ensure that all rideshare drivers in the state are properly insured, even during periods when they are not actively transporting a passenger.

The insurance provided by the TNC may not cover all situations, especially during the "Period 1" phase (when the driver is logged into the app but has not yet accepted a ride). Failing to have the appropriate coverage during this time can leave drivers vulnerable to significant financial losses in the event of an accident.

At ColoradoRideshareInsurance.com, we offer specialized rideshare coverage that meets the requirements set forth by Colorado law. Our rideshare insurance is designed to protect you during all phases of your ridesharing activities, ensuring that you're never left without the coverage you need.

Comprehensive Coverage for Colorado Rideshare Drivers

Farmers Insurance has developed a unique rideshare insurance product that is specifically tailored to meet the needs of Colorado rideshare drivers. Here’s what our rideshare coverage includes:

Comprehensive Auto Insurance Coverage:

Our rideshare insurance extends your personal automobile insurance to cover you while you're logged into a rideshare app. This means you're protected during "Period 1," when you're waiting for a ride request, as well as during "Period 2" and "Period 3," when you're on your way to pick up a passenger and transporting them to their destination.

Liability Coverage:

Protect yourself from potential lawsuits with liability coverage that extends to your ridesharing activities. This includes bodily injury and property damage coverage, which are crucial for protecting your financial well-being in the event of an accident.

Physical Damage Coverage:

If your vehicle is damaged while you're driving for a rideshare company, our rideshare insurance can help cover the cost of repairs. This includes damage from collisions, vandalism, theft, and other covered perils.

Uninsured/Underinsured Motorist Coverage:

In the event of an accident with a driver who lacks adequate insurance, our coverage helps protect you and your passengers from out-of-pocket expenses.

Why Choose Farmers Insurance for Rideshare Coverage?

Farmers Insurance is a trusted name in the auto insurance industry, known for its commitment to customer service and innovation. When it comes to rideshare insurance, Farmers Insurance was one of the first major insurers to offer a product specifically designed for rideshare drivers. Our Colorado rideshare insurance product was developed in collaboration with industry leaders to ensure it meets the unique needs of rideshare drivers in the state.

As Will McCollum, General Manager of Uber Colorado, said, "Farmers is leading the industry by being among the first to create a personal auto insurance offering specifically tailored to ridesharing drivers. This new offering demonstrates their commitment to addressing the needs of a growing marketplace and their willingness to embrace ridesharing as an important transportation option in cities across the nation."

FAQ

Frequently Asked Questions

Who needs Colorado
rideshare insurance coverage?

If you drive for a rideshare company like Uber, Lyft, or any other TNC in Colorado, you are required by law to have appropriate rideshare insurance. Even if you only drive occasionally, having the right coverage is essential for protecting yourself and your vehicle. The standard auto insurance policy may not cover you adequately during your ridesharing activities, which is why it's important to have Colorado rideshare insurance specifically designed to fill in those gaps.

How much does Farmers Insurance
rideshare coverage cost?

Adding rideshare coverage to your existing automobile insurance policy with Farmers Insurance is affordable and straightforward. On average, this additional coverage will increase your premium by approximately 25%. However, the exact cost will depend on various factors, including your driving history, the type of vehicle you drive, and the extent of coverage you require. To get an accurate quote tailored to your specific needs, contact David Stansfield at 970-204-0020.

Get Started with Colorado Rideshare Insurance Today

Don't leave your ridesharing activities to chance. Protect yourself with comprehensive Colorado rideshare insurance from Farmers Insurance. Whether you're a new driver or have been ridesharing for years, our rideshare coverage provides the peace of mind you need to focus on your driving. Contact David Stansfield at (970) 204-0020 to learn more about our rideshare insurance solutions and to get a personalized quote.

Let’s work together to ensure you're fully protected while driving

for a rideshare company in Colorado.