5 ms·
How the hell can they afford that?
by Igglyboo 12y ago
How the hell can they afford that?
- jeffasinger 12y agoFor one, it has a $2,500 deductible. It is also only active during a Lyft ride.
- prostoalex 12y agoMy liability portion is $250,000 each person / $500,000 each accident and State Farm only wants $30 a month for it.
- joezydeco 12y agoThat's a commercial rider on your personal policy?
- prostoalex 12y agoI see what you're saying, no, that's just the personal policy.
- judk 12y ago"Commercial" is only expensive because higher mileage is higher risk. If you aren't doing a lot of miles per year, it won't be more expensive. Lyft's insurer probably has some mileage math worked into the premium. Or Lyft self insures and knows exactly how much mileage they are covering.
- kenrikm 12y agoIIRC from what I've seen Lyft issues an on the spot insurance policy for each individual ride.