Broker-arranged
Rideshare and delivery driver insurance
If you drive for a rideshare or delivery app, a standard private car policy may not be written for that use. Here’s what to tell your insurer, the NSW rules for rideshare vehicles, and how a licensed broker arranges cover.
- 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 to register the car, and cover for damage to other people’s property and your own car that’s written for rideshare or delivery use. Tell your insurer how you use the car: a policy written for private use may not respond while you’re working.
NSW rules for rideshare vehicles
| Rule | What it means |
|---|---|
| Third-party property insurance | Every vehicle used for point to point passenger services, including rideshare, must hold third-party property insurance of at least $5 million. |
| CTP (Green Slip) | Rideshare owners pay a CTP premium equivalent to a private passenger vehicle, plus a per-kilometre CTP charge paid by passengers through the rideshare operator. |
| Owner’s responsibility | The vehicle owner is responsible for maintaining third-party property insurance and CTP. |
Other states have their own rules for rideshare vehicles. Check with your state’s transport regulator.
Levels of car cover
| Cover | What it covers |
|---|---|
| CTP | Injuries to people caused by your vehicle. Not damage to vehicles or property. |
| Third party property | Damage to other people’s vehicles and property. |
| Third party, fire and theft | As above, plus your car if stolen or damaged by fire. |
| Comprehensive | Your car and others’, even if you caused the accident. |
Gaps rideshare drivers should check
These catch drivers out:
- A private policy used for work.Tell your insurer about rideshare or delivery use.
- Your own injury.Personal accident or income protection, arranged by a broker.
- Delivery on a bike or scooter.Ask a broker about cover for how you actually deliver.
How to get rideshare cover through us
Rideshare insurance questions
Do I need special insurance to drive for a rideshare app?
You need cover that’s written for rideshare use, and in NSW at least $5 million third-party property insurance. Tell your insurer how you use the car.
Does CTP cover rideshare driving?
CTP covers injuries to people. In NSW, rideshare vehicles pay a private-equivalent CTP premium plus a per-kilometre charge paid by passengers.
Does my private car insurance cover delivery driving?
Not necessarily. Check your policy and tell your insurer about delivery use.
What about my own injuries?
CTP and car insurance don’t replace your income. Ask a broker about personal accident or income protection.
Why is rideshare insurance arranged by a broker?
Cover depends on the car, the apps and your state’s rules, so a licensed broker reviews your situation and arranges suitable quotes.
Is insurance more expensive for rideshare drivers?
Often, because the car carries paying passengers and spends more time on the road. Insurers rate rideshare use separately, so declare it and compare quotes on the same basis.
What does rideshare insurance cover?
Depending on the policy, damage to your own car and the damage you cause to other people’s cars and property while you drive for a rideshare or delivery platform. Injuries to people are covered by CTP. Your own lost income needs personal accident or income protection.
Keep reading
More broker-arranged cover
Sources
Rideshare and delivery