Uber Archives - Spencer Insurance Agency, Inc

If you do these things you may not have liability coverage. . .

   Teen Driver Insurance and Resources

Halloween is coming but this may be scarier.  You may be doing things that would be excluded on your car or home insurance.  Let me explain:

  • Do you use your car as a driver for a ride sharing company like Uber of Lyft? If so, as soon as you turn on the app to tell them you are available you have no coverage under your car insurance policy. Many believe that Uber or Lyft will cover you but our understanding is that you have very limited coverage between the time you turn on your app to tell them you are available and the time when you actually pick up a passenger.  We do have one company that will provide an endorsement to cover this gap so call us and let us know!
  • Does anyone in your house use a car to deliver pizza or deliver food for a company like grubhub or UberEATS? Does anyone deliver goods for a fee?  Many of our companies have an exclusion for your liability coverage that reads like this: “We do not provide Liability Coverage for any insured for that insured’s liability arising out of the ownership or operations of a vehicle while it is being used, or during the period of time it is available for hire, as a public or livery conveyance. This exclusion applies whether or not there is a passenger occupying the vehicle; or property being transported for a fee in or upon the vehicle.”  This means Uber, grubhub or pizza delivery.  About half the companies we represent have a similar exclusion so call us and let us know!
  • Do you use your vehicle to snow plow for a fee? Some of our companies exclude liability coverage when you use a plow. Let us know so we can get you the proper coverage.
  • Do you have a dog? Does the dog have a previous bite history?  If so, you may not have liability coverage for the next dog bite.  Contact us today to find out if your company has this exclusion.

Don’t be caught without liability coverage.  Contact us today to discuss your coverage before you have a claim. 

Spencer Insurance Agency, Inc. was voted Best Insurance Agency In the 2017, 2016 and 2015 Best of Montco

Car Sharing – What you need to know. . .

Transportation Networking Companies (TNCs) like Uber and Lyft have been growing in popularity in the Philadelphia area. There have been a lot of news reports in the newspapers, radio, and television about the Philadelphia Parking Authority’s response to these companies. TNCs provide pre-arranged transportation services for compensation by using a smartphone application to connect passengers with drivers using their personal vehicles. This is commonly known as ridesharing.

Our purpose here is not to weigh the merits of these TNCs. Our purpose is to make it clear to our clients that your personal auto policy and personal umbrella policy provides no coverage for losses that occur in connection with TNCs.

If you choose to become involved with a TNC then you must make sure you obtain the proper auto coverage to protect you and your passengers from lawsuits and your car from collision or comprehensive losses. While some TNCs have taken steps in the right direction to cover their drivers during rides, you need to make sure these policies have the limits you need. It is imperative that you require them to provide this coverage as coverage on your own could be very costly.

Here are some questions to ask:

  • Are my passengers and I covered for injuries that occur when I am driving for the TNC?
  • What are the liability limits on their policy?
  • Is there Uninsured Motorist and Underinsured Motorist coverage in case I am involved in an accident with an uninsured driver or involved in a hit and run accident?
  • Is my vehicle covered for collision and comprehensive losses? What is my deductible?
  • Is there coverage for Property Damage I cause while driving for a TNC?
  • When does my coverage become effective? Is it primary coverage?

If you are considering participating in this type of venture I would suggest you have an attorney review your contract with the TNC. Call us with any questions in regards to your insurance coverage.