Navigating the Complex World of Rideshare Insurance
Rideshare companies have revolutionized the way people commute, necessitating unique insurance solutions. Surefire Insurance Agency proudly offers tailored insurance policies to meet these evolving needs.
Our lines of business encompass automobile liability, providing coverage limits of up to $1 million combined single limit (CSL). This ensures that you’re well-protected against potential financial liabilities that might arise from accidents involving your vehicles.
Rideshare Insurance
Ensuring Comprehensive Protection for Your Rideshare Business
Understanding that physical damage is a significant risk for rideshare vehicles, we also offer physical damage coverage. However, for vehicles older than 10 years, underwriting approval is required. This procedure may necessitate a current mechanic’s statement and photograph, as per the underwriter’s discretion.
Our insurance solutions are apt for sedans and minivans, with a capacity of 15 or fewer passengers, excluding the driver. This makes our offerings suitable for a broad range of rideshare businesses.
Determining Eligibility for Rideshare Insurance
Eligible operations for our rideshare insurance solutions include for-hire and on-demand Transportation Network Companies (TNC) and other gig economy operations leveraging a digital network or software application used for delivering people and things. We also cover demand-response units with less than 24-hour prearranged pickup reservations.
However, it’s important to note that some operations are ineligible. These include gypsy cabs and new venture corporations, unless there is a substantiated favorable previous insurance history.
Navigating the insurance requirements of a rideshare business can be complex. Here at Surefire Insurance Agency, we strive to simplify the process, offering solutions crafted to meet the specific needs of your business.
Ensure your rideshare company is protected and prepared for the road ahead with Surefire Insurance Agency. Trust our expertise to deliver coverage that keeps pace with the rapidly evolving world of rideshare businesses. Contact Surefire Insurance Agency today to learn more about our Rideshare Insurance options and how we can help protect your business and assets.
