The drivers and riders of the Transportation Network Companies(TNC) do like to know how the Ridesharing insurance California works? The Rideshare insurance California, but you need to understand a driver does need to purchase the extra personal Rideshare car insurance California. You don’t have to rely simply on the company’s insurance policy. The drivers do ask a simple question: how much is Rideshare insurance? And how they can get extra benefits from the insurance policy.
You can get extra benefits from the insurance policy by knowing the complete procedure and working of the Ridesharing insurance . It is necessary to understand the working pattern of the insurance policy for the drivers. When you completely understood the procedure, it would be rather easy for you to purchase the extra personable cheapest rideshare insurance.
In this article, we are presenting the Ridesharing insurance California procedure and the working patterns:
The working pattern of the Ridesharing insurance:
The first thing you need to understand about the company’s insurance is the status of the app. The app of the Rideshare insurance California has 4 dominant insurance periods. We are going to describe them one by one:
Period 0: The first period is from the registration to the start of first year, during the first “period 0”. When the app is logged off, the company does consider the driver is using the vehicle for personal transportation or usage.
Period 1: When the driver app is one, the company does consider the driver is on the road by nor received any request.
Period 2: The drivers app Ridesharing insurance California is not logged in but he can receive the request and transportation and to pick the passengers.
Period 3:The app is considered always active and the drivers are taking the passengers to their destinations.
The main reason for defining the separate period for the drivers and riders as they receive different insurance coverage for each period. You can buy an extra personal increase despite the TNC insurance or Ridesharing insurance . The drivers do ask, can i buy just Rideshare insurance? The answer to this question is yes, you can buy extra personal insurance and it brings more benefits to you.
Coverage for period 0:
The Ridesharing insurance for period 0 is $15,000 worth for body injury. The $ 30,000 per accident. You may receive $ 5000 for the accidents. During the period 0 you only receive the necessary insurance policy.
Coverage for period 1:
In period 1 the requirements is $ 50,000 for body injury per person, $ 100,000 per accident and $ 25000 for property damage. In this phase the company is not totally covered in this phase.
Period 2 and 3:
In period 2 &3 the requirements is $ 1 million for liability insurance of Ridesharing insurance California. The other benefits of period 1 also apply despite the liability insurance in period 2 &3 . At this phase your app is considered in the active stage.
Conclusions:
For getting the complete benefits of the Rideshare insurance companies , you may need the personal insurance along with the TNC coverage. This can bring more benefits for a rider.