Ridesharing Insurance in Illinois: Offers, Reductions 2021

If you're a rider for Uber or Lyft, or even a meal or grocery delivery driver, you deserve an insurance policy that protects you completely. Every time you generate revenue from your vehicle, it's yours private car insurance won't cover you. You either have to buy it commercially Car insurance or a lift to one Shortfall in coverage.

While Carpool insurance Adding additional costs, some providers offer cheaper tariffs for this type of coverage than others. The best way to find a policy that fits your budget is to use Assure to compare prices across several Insurance provider. Just tell us that you are looking for Carpool insurance when you provide your information and our artificial intelligence will go to work to find the cheapest deals for you.

How Carpool insurance Is working

Carpooling in the Illinois must be made available Liability insurance, and in some situations they can deploy full coverage also. The coverage of the Carpooling or Transportation network company (TNC) varies depending on whether you are waiting for a request or picking up a passenger. There are situations in which Lyft or Uber drivers could possibly be on the hook for damage in the event of a failure car accident. Therefore Carpooling is important.

So everyone goes Policy covers You in the following periods:

  • If the rideshare app is disabled: When you are offline and not driving for that Rideshare, Your private car insurance insurance will protect you.
  • If you are waiting for an inquiry: Carpooling agencies provide Liability insurance while the app is switched on and you are waiting for a request. However, Lyft and Uber insurance will not be comprehensive or Collision protection your personal policy also applies during this time. This means that in the event of an accident that you cause, you will be liable for any damage to your vehicle.
  • On the way to passengers or on journeys: As soon as you are on your way pick up a passenger or drives him to his destination that Ridesharing will offer:
  • Liability insurance: This covers medical expenses for injury to another person or repairs for damage to their property in an accident caused by the Carpooling.
  • Uninsured / underinsured personal injury protection for motorists: This covers injuries from Carpooling and passengers when another driver causes an accident and not enough Insurance coverage.
  • Possible full and collision protection: If you have fully comprehensive insurance, that is Ridesharing& # 39; s insurance covers damage to your vehicle as a result of a non-collision event or an accident you caused. However, this coverage comes with a high Deductible. Something Carpool insurance cover the difference between your personal Deductible and the $ 2,500 Deductible that comes with over and Lyft Insurance.

>>> MORE: Best Car Company for Passengers

Illinois Laws about Carpool insurance requirement

in the Illinois, Carpooling are required to purchase a policy with limits higher than the state minimum. According to law, over and Lyft driver need to have:

  • $ 50,000 per person personal injury liability insurance
  • $ 100,000 per incident in personal injury liability insurance
  • $ 25,000 per incident in property damage liability insurance

Carpooling are also obliged to provide the same coverage in the event that the TNC The driver policy does not apply. As soon as a driver accepts a Trip request, the TNC must also cover:

  • $ 1 million liability insurance
  • $ 50,000 in insurance coverage for motorists

It's also important to remember Insurance companies are not required to cover accidents that occur while using the vehicle for business unless you have one Trade policy. In addition, if you have your insurer Your ridesharing and they find out you have been one TNC, you can cancel your policy.

If you haven't commercial insurance, search Car insurance the one ridesharing advocacy as Add on to your personal policy. This can extend your personal protection to your carpooling opportunities.

>>> MORE: Cheap auto insurance in Illinois

Carpool insurance in the Illinois

There are a few Insurance provider in the Illinois who can offer affordable insurance rates Carpooling. Premiums are cheaper for Carpooling in the Illinois than many other states, including Florida, Texas, and California. According to Insurify's proprietary data, you can be confident that you will find the cheapest rewards from the following companies:

Illinois auto insurance company Average monthly premium for carpooling insurance
Kemper specialty $ 98
Mile car $ 103
National General $ 115
Direct car $ 120
traveler $ 124
Safeco $ 126
Clearcover $ 127
elephant $ 140
Bristol West $ 152
First Chicago $ 170

Check out Insurify for a full list of personalized ridesharing insurance deals tailored to your driver profile!

>>> MORE: Best Auto Insurance Comparison Sites

Illinois Requirements for Carpooling

over and Lyft have the following requirements for drivers and their vehicles in Illinois:

over Lyft
Vehicle requirements
  • 15 years old or newer
  • 4 doors
  • Good condition with no cosmetic damage
  • No commercial branding
  • Pass a vehicle inspection
  • 2001 or newer
  • 4 doors
  • 5–8 seats
  • Valid license plate
  • Pass a vehicle inspection
  • Not a ineligible small car
Driver requirements
  • valid drivers license
  • Minimum age to drive a car in your city
  • At least one year of driving experience (or 3 if you are under 23)
  • Pass a driver check and a background check
  • valid drivers license
  • A smartphone that supports the Lyft App
  • 25 or older
  • 1 year driving experience
  • Pass a driver check and a background check
Required Documents
  • Driver's license
  • Registration
  • Proof of residence
  • Proof of insurance
  • Profile photo
  • Driver's license
  • Registration
  • Proof of insurance
  • Profile photo

Asserting a claim after an accident as Rideshare driver in the Illinois

Both Uber and Lyft have a process for reporting an accident, and each app walks you through the steps. You should also call your insurance agent for your personal policy or file a claim through your provider's website or app.

Your insurance company will likely go with the Car pool agency and make an appointment to view your vehicle. If you had rental car reimbursement coverage in your policy, they would make sure you find a rental at this point too.

Depending on when the accident happened, you may receive payments for covered expenses (minus your Deductible) from your insurance company, the Ridesharing, or both.

Find cheap Carpool insurance within minutes

The cost of adding ridesharing insurance varies by provider, and the easiest way to find the best deal is to get a free quote from Assure. All you need to do is answer a few questions about your vehicle and driving history to get started. Check the box for Carpool insurance This is how you get exact prices.

From there you will receive offers from several Insurance companies on one clear page. You can choose between coverage limits and Deductible until you get the policy that suits your needs and then choose the provider with the best price.

Save on car insurance with Insurify

Illinois Carpooling: Frequently Asked Questions

Do you need ridesharing insurance in Illinois?

While Illinois ridesharing is not required to endorse ridesharing, higher minimum coverage limits apply to them under state law. If you're driving for Uber or Lyft, you'll need a minimum of $ 50,000 per person and $ 100,000 per accident in personal liability insurance and $ 25,000 in property damage insurance. In order to avoid gaps in coverage, you should also take out carpooling insurance.

How much does rideshare insurance cost in Illinois?

Based on the award data of more than 500 drivers in the state, the average cost of ridesharing in Illinois is $ 172 per month. It's cheaper than other states, and you may be able to get a cheaper rate by comparing quotes from different insurance companies.

Which Illinois Insurance Companies Offer Carpooling Insurance?

You can purchase ridesharing insurance from the following Illinois companies:
Allstate, Clearcover, Travelers, Kemper, Erie, GEICO and USAA. Check out which provider is ready to insure you through Insurify today!

Updated July 22, 2021

Lindsay Frankel is a Denver-based personal finance writer for Insurify. Her work has been featured in publications such as LendingTree and FinanceBuzz. When she's not writing, she enjoys the great outdoors with her rescue pup, plays music or listens to audio books.

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