Many drivers use standard TPVCA coverage without specifying the actual intended use and are unaware that, in the event of a claim, the insurer may seek to recover a portion of the payout through recourse. This article explains the risks using specific figures and shows how to get the right insurance coverage.
Ride sharing services take advantage of drivers who are bad at math and risk assessment.
Once you fully factor in all the real costs, being a ride share driver using your own vehicle with human passengers is not a very good deal in most areas.
Delivering cargo of some sort is usually a more lucrative option.
Many drivers use standard TPVCA coverage without specifying the actual intended use and are unaware that, in the event of a claim, the insurer may seek to recover a portion of the payout through recourse. This article explains the risks using specific figures and shows how to get the right insurance coverage.
Edvinas Radinis · Certified insurance broker · 2026-09-04
Ride sharing services take advantage of drivers who are bad at math and risk assessment.
Once you fully factor in all the real costs, being a ride share driver using your own vehicle with human passengers is not a very good deal in most areas.
Delivering cargo of some sort is usually a more lucrative option.
https://www.ziprecruiter.com/Salaries/Rideshare-Driver-Salar...