Yes and no. Uber and Lyft have special rideshare insurance that covers you while you have the app on and you’re waiting for a fare, but it’s liability only. Once a passenger is in your car, you’ll also be covered by comprehensive and collision insurance.
But, your car insurance company is unlikely to cover you during that first phase, and they may even cancel your policy if they find out you’re driving for money. This is why special rideshare insurance is recommended.
GEICO, Allstate, Progressive, and State Farm are a few of the insurance companies offering rideshare-specific coverage. You can expect to pay around $15/month for coverage.