Income Protection for Uber & Lyft Drivers

Financial security for you and your family. Receive 80% of your normal rideshare income when you can't drive after an accident, up to $10K.


Apply Today
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Excellent




Based on 29 reviews


Very affordable for what you get
For what you get and what you have to pay out it really makes sense. A lot of insurance policies are expensive and you have to fight to get anything out of them. Kover is really affordable, and ...
Dorthey James

Extra protection
I like driving for Uber and I like driving Lyft, and I really think that they do try to do as much for the driver as they can, to make things easier. With Kover you get that little bit of extra ...
Veronica Shippee

I don’t have much patience
I don’t have much patience. Who wants to wait around when they have made a claim? When you have crossed all the Ts and dotted every i you don’t want to have to go through this long drawn out ...
Maddison Briggs



Covers 80% of your normal rideshare income after an accident.

Join this driver-funded mutual aid pool for a small weekly subscription. When you can't drive for Uber/Lyft after an accident, you receive 80% of your normal rideshare income, until you have your vehicle back from the repair shop. Maximum payout is $10K.

Get Covered

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You need a 4.8+ Uber/Lyft rating to qualify

We expect to maintain a high standard when it comes to income protection. Make sure you have a 4.8+ rating before applying.

Get Covered

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You need a 4.8+ Uber/Lyft rating to qualify

We expect to maintain a high standard when it comes to income protection. Make sure you have a 4.8+ rating before applying.

Get Covered

How Does It Work?

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Covered with weekly subscription

Your weekly subscription fee is pooled with those of the other highly rating rideshare drivers. Kover.ai does not profit from excess premium, so you never overpay.

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After an accident, file a claim

Your claim is reviewed by AI that leverages a many data sources, such as DMV records, Uber/Lyft API, police records etc. Most claims can be approved instantly.

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Payouts are sent to your bank.

Payouts of 80% of your normal rideshare income are sent to your checkings/savings account on file. Payouts come weekly until you have your vehicle back.

What exactly is covered?

File a claim when...

Payouts stop when...

a) You are involved in an accident (doesn't matter if you are at fault); AND b) the vehicle you most often use for Uber/Lyft is sent to the repair shop.

a) The repair shop finishes repairing your vehicle; OR b) your maximum payout is reached.

Customize Your Coverage

Your average Uber + Lyft weekly income



Estimated Payout Per Accident

estimated based on 6-week post-accident repair time

$2240.00


Weekly Premium: $12


Weekly Subscription

Cancel anytime.

Kover.ai is backed by



FAQ

Frequently Asked Questions

There’s a big problem with big insurance companies: they spend way too much money. In fact, hundreds of billions per year, on outdated operations systems. Then they overcharge their customers to cover all those expenses. That didn’t work for us, so we fixed things. Kover.ai uses artificial intelligence and blockchain smart contracts to do end-to-end automation for insurance operations, resulting in near-zero operations cost. We also cut out middlemen in the supply chain and pass the massive savings down to you.

Insurance companies spend hundreds of billions of dollar to maintain outdated, manual processes. They literally have IBM mainframes from 50 years ago. Kover.ai instead uses a large amount of data, artificial intelligence and blockchain smart contracts to automate insurance operations end to end, with no human in the loop. This order of magnitude cost saving results in significantly cheaper premium for customers.

Absolutely. The terms are simple and clear, with no caveat. You pay a small fee of $1.7 per day in exchange for an 80% income coverage that kicks in after an accident. The maximum payout starts at $2,000, and can easily go up to $10,000 if you invite others to join.

Kover.ai is backed by MetLife Insurance, the largest insurance carrier in the U.S., and Techstars, a prestigious venture capital firm and incubator program. We also have a 4.9 user satisfaction ratings and numerous customer reviews across different review sites.

The average time to sign up for Kover.ai customers is 58 seconds. Just add your debit card and answer some simple questions, then you’re set!

No, all coverages are subscription based, like Netflix. You pay a monthly or weekly premium and can cancel anytime.

Yes, it’ll auto renew by default like Netflix. You can cancel anytime.

Just go to your user setting (www.kover.ai/profile) and click “cancel my subscription”.

Your policy renews by default. You can cancel anytime.

It’s a protection against loss of income after accidents. After an accident, your vehicle may be in the repair shop for 4 to 8 weeks, and you may not be in the best physical or mental condition to get back on the road. This is where the income protection kicks in. It covers your cost of living for up to $10,000 until your vehicle gets out of the repair shop.

Premium 2% of your income billed weekly, typically around $12/week. The backend of this product is completely automated and since Kover.ai does not profit from excess premium, this premium is by far the lowest in the market.

The payout equals to 80% of your normal monthly rideshare income, calculated acrossed the past 6 months. If your driving history is under 6 months, your entire driving history will be used to calculate monthly rideshare income. The maximum total payout starts at $2,000, and may be increased to $10,000 by referring others to join.

Just click “File a claim” at homepage. Most claims are reviewed by AI automatically in a few minutes. Once approved, your first payout will be made instantly.

To file a claim, please have your driver license, vehicle license and VIN number ready. Most claims are reviewed in a few minutes automatically, but it may take longer or require additional proof documents if there’s inconsistent or incomplete data.

No. The income protection comes with a $0 deductible.

Once your claim is approved, the first payout will be made to your Kover.ai account instantly. You can transfer the fund to your bank immediately. Depending on your bank, it may take between 1 to 7 days to arrive at your checking or savings account.