Ridesharing Car Insurance
Compare free online quotes for car insurance as a rideshare driver in one place.
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Are you a ridesharing driver looking for car insurance? There’s car insurance available which is specifically designed to protect drivers like you who provide transportation services through platforms such as Uber or Ola. Whether you're a part-time or full-time driver, having the right insurance coverage is essential for your peace of mind and financial security.
What is ridesharing car insurance and how does it work?
Car insurance for ridesharing in Australia is a specific type of insurance designed for drivers who provide transportation services through ridesharing platforms like Uber or Ola. It can provide coverage for drivers while they’re engaged in ridesharing activities, which helps to fill the gaps which may exist in their personal car insurance policies and adjusts the cost of their coverage accordingly.
When you're a ridesharing driver, your car is essentially a business vehicle, so regular personal car insurance may not cover you adequately. As such, the coverage it offers is more tailored to the more unique risks associated with driving a vehicle for business purposes. However, ridesharing and business car insurance is often an extension of personal car insurance and is designed for those who are using their vehicle both for business and personal purposes.
By having the right insurance in place, you can drive with confidence, knowing that you have coverage for a range of both personal and ridesharing-related events. You can compare offers online to help you find the best possible deal for your needs.
What does ridesharing car insurance cover?
What your ridesharing car insurance covers will ultimately depend on the level of insurance protection you choose to take out. For instance, comprehensive rideshare car insurance will offer more cover than third party insurance. Consider each of the following types of insurance and the cover they may be able to provide you as a rideshare driver:
| Comp. | TPFT | TPPD | CTP | |
|---|---|---|---|---|
|
Damage to someone else’s property |
✓ |
✓ |
✓ |
✖ |
|
Damage to your car due to fire |
✓
|
✓
|
✖ |
✖ |
|
Damage to your car due to theft |
✓
|
✓
|
✖ |
✖ |
|
Damage to your car due to weather |
✓*
|
✖ |
✖ |
✖ |
|
Damage to your car due to accident or collision |
✓ |
✖ |
✖ |
✖ |
|
Injury or death of someone else in an at-fault accident |
✖ |
✖ |
✖ |
✓
|
*Not all weather-related incidents are covered under a comprehensive car insurance policy. Check your PDS to find out what's covered and what isn't.
On top of these, certain policies may also include optional extras which may extend the total benefits of your policy, such as no-excess windscreen repair or replacement and roadside assistance. Another extra which may be particularly important for rideshare drivers is a replacement hire vehicle if your car needs to be repaired or replaced, which can help you continue working even if your car isn’t able to be driven.
What information do I need to provide to take out ridesharing car insurance?
First and foremost, you’ll need to tell your insurer that you’re a rideshare driver, as this will help inform their premium calculation and shape your overall risk profile as a driver. This may involve sharing details about how often you use your car for ridesharing purposes in comparison to your personal usage, which may be either the hours you work, the distance you drive or both.
Aside from this, your insurer will ask for standard car insurance information, including the following:
- The make, model and registration of your car
- Personal contact details and driver’s licence number
- Where you live (such as if you’re buying car insurance in Perth or country WA)
- The individuals who will be driving the car
- How your car is parked (on the road or in a driveway or garage)
- Your driving and claims history (including whether you have a criminal record)
- If the car is leased or under finance
- Whether you have an active no-claim discount from a previous policy
Types of car insurance you can choose from
The most basic type of optional cover available, TPPD insurance can offer protection for damage caused by your vehicle to other people's property. However, no damage to your vehicle will be covered.
A step up from TPPD, TPFT insurance can also cover damage to your vehicle sustained due to a fire or theft (or attempted theft) in addition to third-party property damage if you're in an at-fault accident.
The most extensive (and expensive) form of cover, comprehensive car insurance can also offer cover for damage to your vehicle in an accident, collision and certain weather events on top of the areas TPFT covers.
Common questions about car insurance for rideshare drivers
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