Looking for Uber Insurance?
Getting the right insurance for Uber drivers is neither as complicated or as straightforward as many people think.
Uber insurance in the UK is certainly not as simple as an app on your phone – you will need a private hire policy, but in today’s competitive insurance market, it’s reasonably simple to arrange. This guide takes an uncomplicated view of what new Uber drivers need to know about Uber insurance.
What you need to know about Uber Insurance
Uber drivers in the UK need private hire insurance. To insurance companies Uber drivers are the same as private hire taxi drivers and as such need the same level of cover.
What you need to be an Uber driver
There are a few basic requirements to becoming an Uber driver in the UK, many of which Uber can help you with.
- Valid UK driver’s licence
- Aged 21 years or older
- Vehicle not older than 2008
- Private hire insurance
- Private hire licence from your local council
*not all councils support Uber licenses
- Driving experience
*this differs depending on the area you are working in
Ways to save money on your Uber insurance
As with all insurance policies, there are ways to save money on Uber insurance. Be sure to be upfront with your insurers, tell them everything or you could risk invalidating your policy and remember that it pays to shop around when it comes to Uber insurance.
If you vehicle has any non-standard modifications to performance or appearance, it’s going to push up the price of your insurance.
Tell insurers about any additional security you may have in your vehicle such as an alarm, CCTV, tracking system or immobiliser.
Installing a black box or telematics app could reduce premiums depending on your driving times and habits.
Older, more experienced drivers will pay a lot less for insurance than younger, inexperienced drivers or anyone with driving convictions.
If you are only operating as a Uber driver occasionally or at certain times, tell insurers and they may adjust your premium accordingly.
This could be useful, but be careful not to underestimate your mileage or you may invalidate your cover.
Uber Insurance – Useful FAQs
A private hire policy is more expensive than standard vehicle cover because the risk is greater. This is because as an Uber driver you will be clocking up more miles, possibly driving during unsocial hours and in congested, built-up areas.
Passenger liability is included within private hire insurance, however this only covers passengers whilst in your vehicle. Because of this many Uber drivers choose to take out public liability cover as well, in event of claims resulting from damage or injury to any member of the public or their possessions.
Public liability is not a legal requirement. However, it is always a good idea when working with members of the pubic.
Many insurers will offer monthly and annual private hire policies, which is great if you are just trying out life as an Uber driver or only operate at certain times of the year. Obviously buying an annual policy and paying up front is the most cost effective option.