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Updated October 29, 2024
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Table of contents
Table of contents
If you work as a driver for a platform like Uber or Lyft, insurance companies usually categorize you as a transportation network company (TNC) driver. TNC drivers may need a specialized insurance policy known as rideshare insurance to ensure they’re adequately protected while driving for a ridesharing platform.[1]
Each state has its own regulations concerning insurance coverage for rideshare drivers. While Georgia doesn’t have any laws in place dictating how much coverage TNC drivers must have, the state requires all drivers to hold an auto insurance policy.
Here’s a closer look at what you need to know about Georgia rideshare insurance, what these types of policies cover, and how much this insurance can cost.
Georgia requires rideshare drivers to maintain their own insurance policies.
Three distinct phases are involved when working as a rideshare driver, and each requires appropriate insurance coverage.
On average, liability-only rideshare insurance in Georgia costs $321 per month.
Rideshare insurance requirements in Georgia
Georgia Uber and Lyft drivers need to understand when and why they need insurance coverage during the three different phases of working with these rideshare apps:[2] [3]
Phase 1: During the first stage, drivers use their vehicles for personal purposes without activating the rideshare app. At this time, their personal auto insurance policy takes effect and provides coverage for any accidents or incidents that may happen. It’s essential for drivers to carefully review their personal policies to ensure they have adequate coverage.
Phase 2: In the second phase, drivers activate the rideshare app but have not yet received a ride request. If their personal auto policy doesn’t cover this period, the rideshare company’s insurance will come into play. Georgia doesn’t mandate specific rideshare insurance. However, the state requires minimum insurance coverage during this phase, including $25,000 per person for bodily injury liability, $50,000 per accident for bodily injury liability, and $25,000 for property damage liability.[4]
Phase 3: When drivers have accepted a ride request and are on their way to pick up a passenger or are transporting them to their destination, Uber and Lyft offer liability coverage of $1 million for bodily injury and property damage.
Uber and Lyft requirements in Georgia
To prepare to work as an Uber or Lyft driver, it’s helpful to understand the requirements the companies have for drivers on their platforms.
Rideshare car requirements
Uber and Lyft impose specific criteria regarding the types and conditions of vehicles permitted on their platforms. Although these requirements may vary slightly depending on the city or region, the following general guidelines apply:
Model year: Uber requires vehicles to be 16 years or newer, and Lyft requires model years 2011 or newer in Georgia.
Vehicle type: Uber’s requirements for vehicle type are only that it has four doors. For UberX, UberSUV, or Uber Black cars, Uber has more stringent requirements that include newer model years and black interiors. Lyft also requires four doors but requires five to eight seats (including the driver’s) and cars without salvage, non-repairable, and rebuilt titles.
Vehicle condition: Both companies stipulate that vehicles must be in satisfactory condition and meet specific standards. This entails having functional lights, operational windows, working air conditioning, and no significant cosmetic damage.
Rideshare driver requirements
Uber and Lyft impose specific requirements for who can join their driver networks. While the particulars may differ from place to place, the following are a few typical prerequisites:
Background screening: Both Uber and Lyft conduct comprehensive background checks on potential drivers. These screenings usually entail an examination of driving records and criminal history.
Driver’s license: Prospective drivers must possess a valid Georgia driver’s license. For Lyft, a temporary out-of-state license is acceptable. It’s important for the license to be active and not expired.
Age and experience: Uber mandates that drivers fulfill the minimum driving age in Georgia and have at least one year of driving experience. But if the driver is younger than 25, they must have a minimum of three years of driving experience. Conversely, Lyft sets the age requirement at a minimum of 25 years and stipulates one year of driving experience.
Vehicle registration and insurance: Drivers must furnish proof of vehicle registration and maintain at least state-minimum personal auto insurance.
If you plan to become a driver for Uber or Lyft, it’s crucial to review the specific requirements in your location, as slight variations may exist based on local regulations and policies.
How much does Georgia rideshare insurance cost?
In Georgia, the monthly expenses for rideshare insurance is an average of $172 for liability-only coverage and $305 for full coverage.
It’s important to note that these figures represent averages, and the actual rates you may pay can vary based on several factors, such as your driving history, age, vehicle type, gender, and the insurance company you choose.[5] For instance, Auto-Owners and State Farm offer the lowest average rates for liability-only rideshare insurance in Georgia.
The table below illustrates the average liability-only coverage rates for the leading rideshare insurance companies in Georgia.
Insurance Company ▲▼ | Average Monthly Quote: Liability Only ▲ |
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