Many entrepreneurs pass down their restless work ethic to their kids, so there’s a good chance your kid might be an Uber or Lyft driver as a first-time, part-time gig. Not only does Uber or Lyft require no previous experience, but it’s also easy to get started and work whatever hours are available in your child’s busy life.
However, did you know that personal auto insurance only covers your child until they turn on the ridesharing app?
“[Then,] commercial insurance doesn’t kick in until they pick up a passenger, creating a gap in coverage,” says Peter Foley, SVP of Sales and Client Service Operations for Answer Financial. “By offering Rideshare Gap Coverage, we are helping to protect during that window of time where neither type of policy covers them.”
The window of driving time between passengers can be considerable. Even if your child is already one of the best drivers you know, it’s impossible to predict the unexpected. Give your whole family peace of mind with our partner Answer Financial. As an AFEUSA member, you may even be entitled to exclusive deals! Give them a call today to find out what premium rates you can qualify for today.
Director of Communications