Rideshare insurance requirements vary by state. In Florida, rideshare drivers must carry at least:
$10,000 of personal injury protection (PIP) coverage
$10,000 of property damage liability coverage
When the driver is logged into a ridesharing app and is driving for money, Florida law mandates that the TNC (Transportation Network Company, such as Uber or Lyft) must provide coverage of $50,000 per person for bodily injuries ($100,000 per accident) and $25,000 of property damage liability coverage per accident when the ridesharing app is on, but the driver has not picked up a passenger.
The law also requires $1 million of coverage per accident for bodily injury and property damage when a driver is en route to pick up riders and during trips.