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Uber Insurance in St. Louis, MO

Do you drive an Uber? If so, it's time to start thinking about how well you're insured. Now, Uber itself has a ridesharing insurance policy, but it doesn't cover every risk you might be exposed to, and it could be changed at any time. Having your own policy means that you will always know what your coverage is and thus how to act accordingly.

In general, ridesharing insurance comes in two versions.

  • First, comprehensive coverage focuses on giving you all of the coverage you may need while providing rides to other people. This includes a comprehensive liability policy, bodily injury coverage, collision insurance, and related policy elements.
  • Supplemental coverage is different and focuses on filling in the gaps that a ridesharing service's insurance policy does not cover. For example, the ridesharing service may not cover a vehicle before that vehicle is matched to a rider—so if you're involved in a collision before you find someone to pick up, you'd need to use your own policy instead.

Both forms of coverage are viable options. If you're not sure which policy is best for you, talk to one of our agents about Uber insurance and discuss your options.

Uber Insurance Requirements

Most drivers who work with Uber or another ridesharing company can get this extra coverage. However, the way you interact with a ridesharing company may affect the type of coverage you're offered. When you speak with a Graves Insurance Group agent, it’s helpful to have the following information on hand:

  • History of Ridesharing: How experienced are you with ridesharing, and have you had any trouble in the past? Experienced drivers with few or no incidents may be able to get a better rate.
  • Frequency of Work: How often do you provide ridesharing services? Is it something you do on the weekends for some extra cash, or are you offering rides as a full-time job?
  • Type of Vehicle: What type of vehicle do you use, and more importantly, what are its safety ratings? Vehicles with an outstanding safety rating—particularly in parts of the vehicle where passengers are seated—may be easier to insure.

Other Things to Know About Ridesharing Insurance

Ridesharing is still a relatively new industry, and it's almost certainly going to continue changing over the next few years. Insurance policies will be changing with it, and factors like which company you partner with, how safe the rides are judged to be, and even how much the industry earns may affect your policy and your premiums.

The most important principles at this time are laid out in a policy paper adopted by the National Association of Insurance Commissioners, and drivers are encouraged to read this and familiarize themselves with concepts like "periods" (when each form of insurance applies), potential insurance requirements, and how much coverage is needed when providing ridesharing services. Graves Insurance Group agents are more than happy to meet with you to review and explain these principles.

For more information on ridesharing insurance, contact one of our agents.

 

1. "Ridesharing Insurance Policy." Uber Global. March 26, 2014. Accessed April 18, 2016. https://newsroom.uber.com/56463/.

2. "Sharing a Ride, But Not Insurance: Ridesharing Drivers May Face Insurance Coverage Gap." Consumer Alert. December 2015. Accessed April 18, 2016. http://www.naic.org/documents/consumer_alert_ridesharing_drivers.htm.

3. "Transportation Network Company Insurance Principles for Legislators and Regulators." National Association of Insurance Commissioners. March 31, 2015. Accessed April 18, 2016. http://www.naic.org/documents/committees_c_sharing_econ_wg_exposure_adopted_tnc_white_paper_150331.pdf.

Our Location

Graves Insurance Group

10097 Manchester Rd, STE 100
St. Louis, MO 63122
Main office: 314-266-3834
Fax: 314-394-2122

Office Hours:

Mon: 9:00 AM - 5:00 PM
Tues: 9:00 AM - 5:00 PM
Wed: 9:00 AM - 5:00 PM
Thurs: 9:00 AM - 5:00 PM
Fri: 9:00 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

Bob and his team are such a pleasure to work with. They have taken great care of me, my family and my business needs and always with my best interest in mind.
- Christopher T., customer since 2009
Great service! Always available to answer questions.
- James S., customer since 2014
I know I have the best insurance option available and feel safe from a business standpoint knowing I'm covered.
- Steve B., customer since 2015
You and your staff kick ass. Whenever I have a request or question you guys knock it out of the park with responsiveness and timely response.
- Matthew G., customer since 2015
I mostly appreciate your responsiveness - when I call Graves Insurance, I get an answer along with a plan. Your commitment to service couldn't be more clear. In fact, just last week, I called on behalf of a FRIEND - it wasn't even for me - and your office manager gave me the information I needed. That's just awesome (thanks Amanda.) Also, Bob Graves is pro-active - more than once he has reached out to tell us about anticipated changes in the market and also provided some options to deal with it.
- James V., customer since 2009
Graves Insurance Group has always given us great service. We are been with Graves Insurance for five years for our auto and home insurance. Our premiums have been very fair and reasonable. We have had to make several claims in five years and we get the same level of great service. Thanks Bob and Team!
- Thomas N., customer since 2011
Bob and his team always deliver excellent customer service! Bob is very knowledgeable in the insurance industry. Thank you for all you do and making this one less thing I have to worry about!
- Elizabeth W., customer since 2011
You were personable, thorough, patient, and had follow through with your actions. I appreciate feeling like a new friend, rather than just a customer!
- Customer since 2016