Broker-arranged
Insurance for rideshare drivers
Insurance for people who drive for rideshare apps: car cover written for rideshare use, the NSW rules for rideshare vehicles, and your income if you can’t drive. A licensed broker arranges it.
- For rideshare and delivery drivers
- One short form, then a licensed broker takes it from there
What insurance does a rideshare driver need?
You need CTP with your registration, and car insurance written for rideshare use, because a private policy may not respond while you’re working. In NSW, rideshare vehicles also need at least $5 million third-party property insurance.
Rules rideshare drivers should know
| Rule | What it means |
|---|---|
| GST | The ATO says ride-sourcing drivers must have an ABN and register for GST before their first trip, regardless of how much they earn. |
| NSW third-party property | At least $5 million for vehicles providing point to point passenger services. |
| NSW CTP | A private-equivalent premium, plus a per-kilometre charge paid by passengers through the operator. |
The covers rideshare drivers usually hold
| Cover | Why |
|---|---|
| Rideshare car insurance | Your car and other people’s, written for rideshare use. |
| Income protection | Your income if illness or injury stops you driving. |
How to get rideshare cover through us
Rideshare driver insurance questions
Do rideshare drivers need to register for GST?
Yes. The ATO says ride-sourcing drivers must register for GST before their first trip, regardless of turnover.
Does my private car insurance cover rideshare?
Not necessarily. Tell your insurer how you use the car, or get cover written for rideshare use.
How much property cover do NSW rideshare vehicles need?
At least $5 million third-party property insurance.
What covers me if I’m injured?
CTP and car insurance don’t replace your income. Ask about income protection or personal accident cover.
Why are rideshare drivers arranged by a broker?
Cover depends on your car, the apps and your state’s rules, so a licensed broker reviews your situation.
Does rideshare insurance cover taxis?
Not usually. Taxis are licensed differently in each state and insurers write taxi cover as its own class, often with higher third-party property limits and plate or licence conditions. Tell us you drive a taxi and a broker will quote the right class.
Keep reading
More industries arranged by a broker
Sources
Rideshare drivers