Uber and Lift Are They Insured Are You Insured | Carlos Villalobos Insurance | 661-673-7788

Okay, let's talk about something that all of us hear about all the time. Uber and Lyft. This is fun. Trouble. Trouble. Because you think, "Oh, these guys picking me up, I'm sure they're insured for this and I'm sure I'm insured." The bottom line is that that's probably a true statement. They really think they're insured because they're paying their auto insurance, but they're not reading the fine print. The fine print on most policies is that if you have an auto and you use it for business or for hire, you're charging a fare, there is no coverage at the moment of truth. There have been plenty of claims already this year that are being denied by carriers. You'd better read your policy, you'd better talk to your insurance agent. You want a second opinion, please call me. Be happy to do that for you. If you have one of those vehicles and you're charging a fare, there is no coverage under most carriers. Can they get coverage? Yes. They probably would have to re-write their personal insurance into some type of commercial policy. There's always a way to get coverage. That's what I figure. I figure you can help them out with that. The question is what is it going to cost you? Right. You're going to have to make that decision. Also, as a passenger, when you get in these vehicles, if you get hurt, what are you going to do? Because if their- Because they're not insured. If their policy's not covered and they're denying the claim and you're seriously hurt, now you're in trouble. You don't think about those things. You just figure it's all hunky-dory and everybody's got their ducks in a row, but you've got individuals just using their cars to go pick you up. Right. That's why like a limousine company or a taxi company, they have a special insurance that costs more than regular auto insurance, but you are fully protected. Something to think about. I know Exclusive Limousine I'm sure is quite protected that we use. Ron and Brandon Stein, they're good guys. Correct. They have the proper type of insurance. Most people that use Uber are trying to make a little money on the side. You can't blame them for doing that. Yeah, we use them. Yeah, I use them. I used them this weekend, so who am I to talk? I did use their limousine service, so it is covered. I know they're covered. Just be careful. I'm sure you can find out if they're covered. I don't know how. The app probably doesn't have it. No. I think that's something that is all of a sudden coming up to the surface. It's fairly new, everybody thought, "Oh, no big deal," until there's an accident and then you start reading your exclusions and you realize, "Oh, my God, there's no coverage." If your vehicle is a total, your passengers hurt, you know you could be liable for all those claims that are not covered by the carrier, but somebody is going to come after you. Great information with Carlos Villalobos at Carlos Villalobos Insurance located right on The Old Road here in Valencia and part of our America's Professional Resource Group, the best group of professionals in all of Santa Clarita. You can find out more at APRGI.com. APRGI.com ... Carlos Villalobos Insurance Agency, Inc. 25001 The Old Road Santa Clarita, CA 91381 661-255-8282 (direct) 661-255-8786 (fax) 800-750-5552 (toll free) [email protected] Lic.#0H64767