Ohio Warning Rideshare Drivers About Insurance Risks

April 17, 2014

Ohio is warning drivers considering work with a ridesharing service such as Uber or Lyft to understand the insurance implications.

Rideshare companies operating in Columbus, Cincinnati and Cleveland use smartphone apps to connect potential passengers with drivers using their personal vehicles.

In a statement released by her office, Ohio Lt. Gov. and Insurance Director Mary Taylor warned drivers that most personal auto insurance policies don’t cover commercial use of a vehicle. And liability insurance provided by ridesharing companies may not cover medical payments and collision damage if an accident occurs.

Taylor advised would-be rideshare drivers to review their policies with an agent, broker or insurance company. She said a commercial auto policy that covers bodily injury and property damage as well as damage caused by uninsured or underinsured motorists may be advisable.

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