Understanding Rideshare Insurance
Uber/Lyft coverage periods and settlement factors
2026 Rideshare Statistics
17M
Daily Rides
97K
Accidents/Year
$42,000
Avg Claim
49
Fatalities/Year
Insurance Coverage by Period
| Period | Coverage | Details |
|---|---|---|
| Period 0 - App Off | None | Rideshare company has no liability |
| Period 1 - App On, No Ride | $50,000 | $50K/$100K liability, $25K property |
| Period 2 - Ride Accepted | $1,000,000 | $1M liability coverage active |
| Period 3 - Passenger in Car | $1,000,000 | $1M liability + uninsured motorist |
Injury Types
- • Minor Injuries: $25,000 avg
- • Moderate Injuries: $100,000 avg
- • Severe Injuries: $400,000 avg
- • Catastrophic Injuries: $1,500,000 avg
- • Wrongful Death: $2,000,000 avg
Key Facts
- • Uber: 68% market share
- • Lyft: 32% market share
- • $1M coverage in Periods 2-3
- • Limited coverage in Period 1
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Based on California PUC Rideshare Regulations, State Insurance Requirements, and NHTSA 2026 data