All-in-one auto insurance

• A Rideshare Policy is a commercial auto policy that provides primary coverage while driving on a Transportation Network Company’s platform like Lyft’s or for personal use. A personal policy with a TNC endorsement is not a Rideshare Policy.

• If you haven’t driven for a business purpose in the past, then your current auto policy is likely a personal one.

• These policies are offered by GEICO and other commercial auto insurance companies.

A Rideshare Policy covers you whether your app is on or off. This means whether you’re picking up your kids or picking up passengers, you’re covered with one policy and one insurer.

A Rideshare Policy takes the place of your personal auto policy. With one policy and one insurer, there’s no need for a supplemental rideshare endorsement.

• With an eligible Rideshare Policy, you’ll earn $0.25 extra credit on any Lyft ride you complete with your own car (cancelled rides aren’t eligible).

• You’re eligible for up to an extra $1000 every year (4,000 completed rides) and capped at $500 every 6 month period commencing the date your insurance company notifies Lyft that it has been added as an additional interest on your Rideshare Policy (2,000 completed rides).

• You’ll see your extra incentive listed as “Commercial Insurance Credit” on your ride receipts.

These policies are offered by GEICO and other commercial auto insurance companies. We’re working on creating partnerships with other insurers that offer Rideshare Policies and in other states.

Right now, Express Drive rentals aren’t eligible for this type of insurance policy.

• The policy must be a Rideshare Policy, not a personal policy. Rideshare Policies that identify Lyft, Inc. as an additional interest are eligible for the per ride incentive. To add Lyft, Inc. as an additional interest to a GEICO Rideshare Policy, please contact GEICO at (800) 830-4070.

• The Rideshare Policy must also be primary for Bodily Injury & Collision when a Lyft passenger is in your vehicle or when picking up a Lyft passenger.

• At minimum, your insurance company will provide weekly updates regarding the status of your policy to Lyft.

Once you identify Lyft, Inc. as an additional interest on your policy, the insurance carrier can share certain policy information with Lyft (including start date, coverages, name, contact info, and details of the car you use for driving on the Lyft platform). This lets Lyft know that your policy is active and that you’re eligible for $0.25 extra credit per ride.

• Lyft is offering this incentive because a Rideshare Policy provides primary coverage when a driver is on the way to pick up a rider and while the rider is in the car, which results in lower costs to Lyft when it provides insurance that meets the state-mandated TNC insurance limits during such periods of time and also reduces Lyft’s operational costs.

• Pursuant to the compensation incentive, Lyft is sharing some of its savings with drivers on the Lyft platform.

• The incentive is a credit against what Lyft would otherwise charge as Lyft Fees. See your rate card or the Lyft Driver Addendum for details.

Drivers on the Lyft platform who purchase a Rideshare Policy with GEICO or any other auto insurance company are subject to the actual policy terms and exclusions of their individual policy. Statements such as “know you’re covered” or “you’re covered whenever you drive” are limited in scope to drivers adhering to the acceptable use of the vehicle as defined by the individual insurance policy they purchase.