As a private car owner, you're legally required to have a certain amount of auto insurance, but a basic policy doesn't cover everything. For example, using your vehicle for business purposes, such as rideshare services and deliveries, means additional risk and wear and tear. Many policies exclude damage that happens while you're using your car commercially, so to make sure you're covered, talk to an insurance agent about the following.

Coverage You Need

If you work for a large ride-sharing company, they may offer coverage for your vehicle while you're on the clock. However, it can be limited if your personal auto insurance policy doesn't cover that type of damage. For instance, if you don't have comprehensive coverage, they won't cover costs that would typically fall under that type of policy. This means you need to carry both personal collision coverage and comprehensive coverage, and understand the terms of service of the company you're working with.

Additional Policies That Might Help

In some situations, you might find yourself outside the coverage of both your personal insurance provider and your rideshare service. For example, your insurer might consider you to be working even if you're between fares, which wouldn't be covered by your rideshare provider. To make your coverage more complete and avoid slipping through the cracks, get a ride-sharing endorsement from your insurer in addition to your personal policy. You might also need a full commercial policy if you drive for a rideshare company full-time.

Why You Should Work With an Insurance Agent

Your situation is unique and specific, and auto insurance policies can be very detailed. An insurance agent is the best person to help you determine if you're fully covered and how much risk you're carrying. They can also help you find the most economical deal on the coverage you need.

To update your auto insurance policy for rideshare work, choose IGO Insurance in Raleigh, NC. They've been serving Wake County since 1970, and have been managed by the current owners since 2013. Their trustworthy agents each have at least 10 years of experience, and they offer dedicated service, including a 24-hour turnaround time for questions and information requests. To get started today, call (919) 782-1560 or visit them online.