Your personal auto insurance policy is based on your stated use of your vehicle. The insurance company bases its premiums on rating factors such as your stated use and also miles driven per year. Your use is commonly commuting or pleasure only.
Should you instead use it for hire, the insurance company might consider that a use for which it does not insure under the policy they issued. You might be personally liable in case of an accident.
In the news articles discussing the two car-hire services, Lyft and UberX, I’ve not read any comments from the private insurance companies. Consumers should be fully informed before placing themselves at potential financial risk.
Bruce Hogman, Fort Lauderdale
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