Lyft Auto Insurance: Rates & Requirements (2024)
Lyft auto insurance starts at $2/mo on top of full coverage. You must carry Lyft rideshare coverage to drive for the company. You'll also need to follow Lyft's car and age requirements to become a driver. Below, we've outlined the Lyft driver requirements and how to find the best insurance for Lyft drivers.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
UPDATED: Sep 29, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Sep 29, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- You must upgrade your personal policy to a Lyft rideshare insurance policy for better coverage
- Most states require vehicles used for Lyft be at least 15 years of age or newer
- If drivers don’t follow Lyft’s driver car requirements, they could experience severe penalties or be banned from the Lyft app
Lyft auto insurance coverage starts at $2 monthly with companies such as Allstate. So, finding a cheap auto insurance policy to meet Lyft driver requirements is easy.
To protect the safety of its drivers and passengers, Lyft has certain rules for vehicle age, car insurance requirements, and driver qualifications. To drive for Lyft, people and their vehicles must meet several requirements. Some Lyft car requirements may vary by state, so it’s a good idea to check local auto insurance laws and look for updates in rules or regulations while working for Lyft.
Keep reading to learn more about Lyft car insurance requirements and how to find the best insurance for Lyft drivers at an affordable rate.
Lyft Auto Insurance Requirements
Lyft drivers receive some additional insurance coverage while driving for Lyft, but you may want to consider buying commercial or rideshare insurance. Personal insurance policies won’t cover accidents while using a vehicle for Lyft, and a commercial policy may not apply when waiting on customers. Read more about delivery driver auto insurance coverage types.
Rideshare insurance takes care of this gap while you’re active in the Lyft app. Lyft also partners with several insurance companies to provide rideshare coverage, including Allstate, Liberty Mutual, State Farm, and Progressive auto insurance.
Check out the table below to see how much you might pay for Lyft rideshare insurance coverage with the top companies:
Rideshare Auto Insurance Average Rates
| Insurance Company | Monthly Rates |
|---|---|
| Allstate | Under $2 per month |
| Erie | $9 to $15 per month |
| Farmers | $13 to $20 per month |
| Geico | $7 to $14 per month |
| Liberty Mutual | $12 to $19 per month |
| Mercury | $27 per month |
| Nationwide | $11 to $18 per month |
| Progressive | $8 to $15 per month |
| Safeco | $10 per month |
| State Farm | 15% - 20% of auto insurance policy |
| USAA | $6 per month |
Read More:
- Erie Auto Insurance Review
- Mercury Auto Insurance Review
- Safeco Auto Insurance Review
- State Farm Auto Insurance Review
- USAA Auto Insurance Review
Does a job affect auto insurance rates? Yes, occupations affect premiums, and driving for Lyft may impact insurance rates. So, shop around with several companies to find the best insurance for Lyft drivers.
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Lyft Driver Car Requirements
What are the Lyft vehicle requirements? By law, vehicles already legally classified as taxis or limousines can’t be Lyft vehicles. Lyft usually doesn’t approve subcompact cars, trucks, or large SUVs, either. In most areas, it also won’t allow vehicles with titles marked as salvage, rebuilt vehicles, or those classified as not repairable.
Lyft cars need four doors, at least five functioning seat belts, and seats for five to eight people. They also need to be in good condition.
For example, your account will be suspended if your vehicle has faulty or malfunctioning safety equipment. To prevent this, make sure you maintain your vehicle regularly, at the intervals recommended by the manufacturer.
Most states require cars to pass bumper-to-bumper inspections before people can use them with Lyft. They usually need to be less than 15 years old as well. However, some state laws allow older Lyft vehicles.
Lyft Driver Qualifications
The legal Lyft driver qualifications vary from state to state, and some cities have their own regulations. However, all Lyft drivers must have a valid, state-issued driver’s license and pass a background check and official driver screening.
Anyone found guilty of a violent crime or a DUI in the past seven years can’t work as a rideshare driver through Lyft. In addition, using illegal drugs or allowing passengers to use drugs can result in being banned from the app as well. You could also get less severe penalties for more minor violations like speeding.
Drivers also need to complete the Lyft Community Safety Education Program and use a device like a smartphone capable of handling the company app.
Lyft drivers must have proof of current vehicle registrations, meet state minimum auto insurance requirements, and have valid vehicle license plates. In some states, rideshare drivers may need additional coverage. Check your area’s laws and regulations to make sure you comply with local Lyft insurance requirements.
Lyft Driver Age Requirements
Lyft age requirements state drivers must be at least 21 year olds. However, some states require drivers to be as old as 25. Lyft also has an age requirement for passengers — no Lyft rideshare driver can transport an unaccompanied minor.
Everyone who rides in a Lyft vehicle must be either at least 18 years of age or under the direct supervision of someone 18 or older. In some states, giving a ride to an unaccompanied minor without permission from a parent or guardian could be considered felony kidnapping.
More About How to Meet Lyft Auto Insurance Requirements
You must carry Lyft auto insurance coverage in the form of a rideshare auto insurance policy to drive for the company, and you can get coverage for as low as $2 monthly with Allstate auto insurance.
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— AutoInsurance.org (@AutoInsurance) June 9, 2023
Qualifications and insurance requirements for Lyft drivers are fairly straightforward and listed on the company website. However, state laws can impact Lyft requirements in your city. For example, vehicles made before 2005 don’t meet Lyft driver car requirements in some states. So, check the Lyft driver qualifications before applying with the company.
Frequently Asked Questions
Does Lyft provide insurance?
Lyft insurance includes third-party liability auto insurance coverage when the app is on and drivers can get ride requests. The coverage includes $50,000/person for bodily injury, $100,000/accident for bodily injury, and $25,000/accident for property damage.
While drivers are picking up passengers or driving them, car insurance for Lyft includes at least $1 million in liability, alongside coverages such as personal injury protection (PIP) auto insurance, MedPay, and/or occupational accident coverage. If you have a personal comprehensive and collision coverage, Lyft will extend that coverage up to your vehicles cash value minus a $2,500 deductible.
Does Lyft call your insurance?
Lyft won’t contact your insurance company. However, Lyft driver car requirements include verifying insurance coverage.
Do I need special auto insurance coverage if I drive for Lyft?
Yes, Lyft driver car reqeuirements including carrying additional insurance coverage beyond your personal auto insurance policy.
Lyft insurance provides contingent liability coverage, but you may need to obtain a commercial auto insurance policy or a rideshare endorsement to ensure adequate coverage.
How much does Lyft insurance cost?
The rates for Lyft auto insurance vary depending on several factors, including your location, driving history, vehicle type, and coverage limits. Find the best insurance for Lyft drivers by comparing quotes from the top companies.
What are the Lyft insurance requirements?
Lyft’s insurance requirements include liability coverage, uninsured/underinsured motorist coverage, and collision and comprehensive auto insurance (if your vehicle is financed). The coverage requirements may vary depending on your location, so it’s important to review Lyft’s insurance policies and your state regulations.
Can I use my personal auto insurance policy for Lyft driving?
Your personal auto insurance policy may not cover you adequately when driving for Lyft. Most personal policies exclude coverage for commercial activities like ridesharing.
It’s crucial to inform your insurance provider about your intention to drive for Lyft and discuss your options, such as obtaining a commercial auto insurance policy or a rideshare endorsement.
Are there any discounts available for Lyft drivers’ insurance?
Some providers offer specialized Lyft insurance policies or auto insurance discounts specifically tailored for Lyft drivers. We recommend shopping around and compare quotes from different companies to find the best insurance for Lyft drivers.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.