How to Lease a Fair Car and Drive for Uber
Now Uber is broadening the company’s ability to lease cars to drivers who do not have the financial means of affording a car. Uber has partnered with the start-up company, Fair, which supplies vehicles to drivers for only $500 down and low monthly payments. Essentially, drivers will be able to complete a number of trips a week to offset the payments owed to Fair, which start as low as $130/week.
Per Bloomberg News, Fair allows drivers to return a car as they please and does not require traditional leasing agreements that last years.
What is Fair? What Does Fair Insurance Cover?
Depending on the state, Fair drivers can add on Fair insurance to their monthly payment. Just like Uber’s insurance policy, Fair confirmed that when a driver is offline, he or she will need to have a comprehensive and collision policy with rideshare coverage from Fair or another insurance provider.
Fair requires full comprehensive and collision insurance on all cars as follows:
- Body Injury Liability: $50,000/person; $100,000/accident
- Property Damage Liability: $50,000/accident
- Comprehensive & Collision coverage is included with a $500 deductible
- Uninsured Motorist (Bodily Injury Liability): $50,000/person
- Underinsured Motorist (Bodily Injury Liability) $100,000/accident
- Medical Payments Coverage $5,000
However, if an Uber driver is online, providing rideshare services, and gets into an accident, he or she will be covered by Uber’s commercial policy.
Contact an Uber Accident Attorney at 1-800-GO-HARRIS Today
As a driver or a rider, it is important to know that when it comes to rideshare accidents, there are attorneys ready to help you navigate the confusing legal process of filing a claim. If you or someone you love was injured in a collision involving an Uber vehicle, turn to the Uber accident attorneys at Harris Personal Injury Lawyers for assistance. We will help you and your family navigate through the claims process and we will fight for the maximum compensation.