+1 (347) 8177771
insurance@syedinsuranceagency.com
Monday - Friday
09:00 am - 05:00 pm
123-07 Jamaica Ave,
Richmond Hill, United States
NYC Rideshare Insurance
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NYC Rideshare Insurance – Protecting Drivers with Syed Insurance Agency
Why Choose Syed Insurance Agency?
- Decades of experience in the NYC for-hire vehicle industry
- Access to multiple insurance carriers for the best rates
- Expert guidance on Taxi and Limousine Commission compliance and coverage options
What Is Ridesharing?
Ridesharing is a transportation service that allows passengers to book a vehicle for travel through a website or app, often for a fee. In New York City (NYC), ridesharing services are operated by companies such as Uber, Lyft, Via, Juno, Curb, and Arro. These services offer convenient travel options for short and long distances, with drivers operating as independent contractors. In NYC, rideshare drivers must hold a Taxi and Limousine Commission (TLC) license and affiliate their vehicles with a rideshare base to legally provide pre-arranged rides.
Do You Need Rideshare Insurance in NYC?
Yes, rideshare drivers in NYC are required to carry TLC-mandated commercial insurance. Unlike other states, personal auto insurance policies do not cover you or your vehicle while operating as a rideshare driver. NYC regulations enforced by the TLC require the following minimum liability coverage for most rideshare vehicles:
- $100,000 per person,
- $300,000 per accident, and
- $200,000 in personal injury protection (PIP).
Vehicles carrying more than 8 passengers or classified as luxury limousines may be subject to higher coverage limits. Operating a for-hire vehicle (FHV) without a TLC license and commercial insurance is illegal in NYC.
How to Purchase Rideshare Insurance?
At Syed Insurance Agency, we specialize in finding the right commercial auto insurance for NYC TLC drivers and vehicle owners. With decades of experience, we understand the complexities of TLC requirements and partner with all major insurance carriers to provide the best policies for rideshare drivers operating with Uber, Lyft, Via, and other services.
Contact Info
-
123-07 Jamaica Ave,
Richmond Hill, United States - +1 (347) 8177771
- insurance@syedinsuranceagency.com
-
Monday - Friday
09:00 am - 05:00 pm