You have a choice. Pay the $500 deductible and claim the accident on your rideshare endorsement or pay the $1000 and let Uber's insurance handle it. Only bad news is that your claim with your insurance will constitute a loss run. Since rideshare insurance is so new I don't know how they calculate premiums, but with commercial insurance any claims against your policy makes a considerable premium increase.My personal policy with rideshare endorsement has a 500 collision deductible. Do I pay that or Uber's 1,000?
I would pretend that you werent ubering then, if it won't count against you.I also have uninsured motorist property damage through State Farm. I've read where that may have an even lower deductible. $200 maybe? In Tennessee
Talked to my agent today. My uninsured property damage should cover me. Deductible would be $200. I started the claim process with SF. No penalty against me for the hit and run.
Does JR insurance's Uninsured Motorist policy have a deductible?Why pretend he wasn't ubering? Let his rideshare endorsement policy cover it and get subrogation from James River.
It just says that their Uninsured Motorist is for bodily injury, it doesn't specify if that covers Collision/Comprehension.Uber said:The policy also covers bodily injury caused by uninsured and underinsured motorists up to $1 million/incident, so that no matter who is at fault, coverage is in place.