Uber insurance options in Ontario
There are a couple of options for Uber drivers to get auto insurance in Ontario with Aviva and Economical. Additional insurers are also planning to come to market with Uber insurance options.
Uber insurance with Economical
As of September 1, 2020, Economical Insurance entered a partnership with Uber Canada to offer insurance in Ontario, Alberta, Nova Scotia, and Quebec. Drivers will automatically receive commercial insurance when using the app.
Uber insurance phases
Uber insurance can be broken down into 4 phases :
- Phase 0 : Driver is offline, and drivers use their personal insurance.
- Phase 1 : The driver is logged into the app and is available to accept rides.
- Phase 2 : The driver accepts a ride request and is on the way to pick up a passenger.
- Phase 3 : The driver is transporting a passenger to their destination.
Economical coverage amounts are different for each phase
During each phase, a different level of coverage is enacted, and the Uber commercial auto insurance does not kick in until the app is turned on and the driver is ready to engage in ridesharing.
Here is how it works for each phase :
- Phase 0 : Personal insurance in effect.
- Phase 1 : $1 million third party liability, standard accident benefits.
- Phase 2 : $2 million third party liability and standard accident benefits.
- Phase 3 : $2 million third party liability and standard accident benefits.
However, this is the basic coverage, and it may not be enough for some drivers who may require more comprehensive insurance when engaging in ridesharing services.
Aviva insurance for Ontario Uber drivers
This Aviva Uber insurance is an add-on or endorsement that goes beyond your standard insurance.
Existing Aviva Insurance policyholders can add the extra protection for a small fee that is based on your current annual Aviva auto premium and the number of ridesharing hours you perform weekly.
If you do not currently have insurance with Aviva, you will need to switch providers to get insured.
To be covered by Aviva ridesharing insurance, drivers must meet these conditions :
- You can rideshare for a maximum of 20 hours a week.
- You are contracted with a transportation network or ridesharing company.
- You must be licenced for a minimum of 6 years in the US or Canada.
- You can carry up to 7 passengers.
- Your vehicle cannot be licenced as a commercial vehicle (no taxis or limousines).
- Your vehicle is not used for commercial use, including delivery services.
You can receive this as an addition or endorsement to your personal Aviva insurance if you meet these conditions. According to Aviva, “Uber does not currently offer any ridesharing insurance that fully conforms with Ontario’s minimum automobile insurance requirements.” Uber only provides third party liability for its drivers. This is not adequate in Ontario.
Greg Somerville, CEO of Aviva Canada says, "We're excited to offer a simple and affordable solution within a driver's existing personal auto policy, thereby providing drivers and passengers with absolute peace of mind that they are properly insured while ride-sharing." Aviva’s product protects ride-sharing drivers from the time they respond to a request for a lift to when they drop passengers off.
Aviva Canada and Pembridge Insurance also offer this for ridesharing drivers in Alberta.