For many Australians, driving for Uber, Ola, DiDi, or other rideshare platforms has become a popular way to earn a living or supplement income. But as a rideshare driver, your insurance needs are very different from a regular private driver.
If you drive passengers for money even part‑time your personal car insurance policy often won’t cover you when working. That’s why choosing the best car insurance for Uber & rideshare drivers in Australia is so important.
This guide explains everything you need to know: the best insurers, how much it costs, what it covers, how to save money, and how to stay compliant with platform and legal requirements.
By the end, you’ll know exactly how to protect yourself, your passengers, and your vehicle at the best price.
Why Do Rideshare Drivers Need Special Insurance?
When you’re driving passengers for hire, your risk of accidents, wear and tear, and liability claims increases. Most personal comprehensive policies exclude “driving for reward”, which means if you have an accident while working for Uber or another platform, your claim could be denied.
You need a policy that explicitly covers rideshare use, also called hire and reward or business use insurance.
What Types of Insurance Do Uber & Rideshare Drivers Need?
Here are the main types of cover you should consider:
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Compulsory Third Party (CTP): Mandatory for all vehicles in Australia. Covers injury to other people in an accident.
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Third‑Party Property: Covers damage you cause to someone else’s car or property.
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Comprehensive Insurance with Rideshare Cover: Covers your car and others’ property, including while driving passengers for money.
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Public Liability (optional): Protects you if a passenger sues you for injury not covered under CTP.
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Income Protection (optional): Covers your income if you’re injured and can’t work.
How Much Does Rideshare Insurance Cost in Australia?
Costs vary based on:
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Your age and driving history
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Vehicle make, model, and year
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How many hours you drive per week
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Where you live and park your car
On average in 2025:
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Basic rideshare‑approved comprehensive insurance: $2,200 – $3,500/year
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Third‑party property with rideshare endorsement: $1,200 – $1,800/year
Best Car Insurance Providers for Uber & Rideshare Drivers in Australia (2025)
We researched the top insurance companies that offer affordable, reliable policies designed for rideshare drivers.
1. Bingle
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Why it’s good: Budget‑friendly, easy online application
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Average annual premium: $2,300 – $2,900
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Features:
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Comprehensive cover with optional rideshare add‑on
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Flexible excess options
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Fast claims process
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2. Budget Direct
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Why it’s good: Competitive rates with good coverage
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Average annual premium: $2,400 – $3,200
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Features:
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Rideshare‑approved cover
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No‑claims discounts
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24/7 claims helpline
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3. NRMA Insurance
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Why it’s good: Strong brand, high claims satisfaction
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Average annual premium: $2,800 – $3,500
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Features:
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Tailored rideshare insurance
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Roadside assistance
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Optional hire car after accident
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4. Youi
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Why it’s good: Highly customizable based on how and when you drive
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Average annual premium: $2,500 – $3,300
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Features:
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Discounts for lower mileage and safer drivers
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Flexible payment options
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Personalized support
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5. Allianz
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Why it’s good: Reputable and comprehensive
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Average annual premium: $2,700 – $3,400
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Features:
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Rideshare endorsement available
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Choice of repairers
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Optional roadside assist
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Summary Table: Best Car Insurance for Uber & Rideshare Drivers in Australia — 2025
| Provider | Average Annual Premium | Key Features |
|---|---|---|
| Bingle | $2,300 – $2,900 | Affordable, quick claims, flexible |
| Budget Direct | $2,400 – $3,200 | Competitive rates, good discounts |
| NRMA Insurance | $2,800 – $3,500 | Trusted brand, excellent service |
| Youi | $2,500 – $3,300 | Customized policy, discounts |
| Allianz | $2,700 – $3,400 | Comprehensive, optional extras |
What Does Rideshare Insurance Cover?
Here’s what you can expect from a comprehensive rideshare policy:
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Damage to your car from accidents, fire, theft, floods, storms
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Damage to other people’s vehicles and property
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Injury to passengers (through CTP)
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Legal costs if sued
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Repairs using approved or choice of repairers
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Hire car options if your car is in for repairs
How to Save Money on Rideshare Insurance
If you’re a rideshare driver looking to cut costs without cutting corners, try these strategies:
1. Shop Around
Get quotes from at least three insurers listed above — rates vary significantly.
2. Adjust Your Excess
Choosing a higher excess can lower your premium.
3. Drive a Cheaper Car
Insuring an older, lower‑value car costs less.
4. Limit Your Hours
Driving fewer hours can reduce your risk profile and premium.
5. Maintain a Clean Driving Record
Avoid accidents and fines to keep costs down.
6. Bundle Your Insurance
If you have home or contents insurance, bundle with the same company for a discount.
What You Should Do Next
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Get quotes from Bingle, Budget Direct, NRMA, Youi, and Allianz.
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Compare the level of rideshare‑specific cover each offers.
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Choose a policy that balances affordability with comprehensive protection.
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Review your policy regularly to ensure it still meets platform and legal requirements.
Frequently Asked Questions
1. Is rideshare insurance mandatory in Australia?
Yes, you must at least have CTP. But most platforms also require proof of comprehensive or third‑party property with rideshare use approved.
2. Can I use my regular car insurance for Uber?
Not if it excludes business or rideshare use. Always check and confirm with your insurer.
3. What happens if I don’t declare I’m a rideshare driver?
Your insurer can reject your claim if you have an accident while driving passengers for money.
4. Does Uber provide insurance for drivers?
Uber provides limited coverage (mostly CTP and some liability) while you have the app on. You still need your own comprehensive policy.
5. Are there extra costs for adding rideshare to my policy?
Yes, premiums typically increase by about 10–20% when you declare rideshare use.
6. Can I switch insurers mid‑policy?
Yes, but you may have to pay a cancellation fee.
7. Are electric or hybrid vehicles cheaper to insure for rideshare?
Not always. While they save on fuel, repair costs can make premiums higher.
8. Does rideshare insurance cover me for personal use too?
Yes, comprehensive policies usually cover both personal and business use if properly declared.
9. How can I prove to Uber or DiDi that I have rideshare insurance?
Your insurer will give you a Certificate of Currency noting rideshare use, which you upload to the platform.
10. Do I need public liability insurance as well?
It’s optional, but recommended for extra protection beyond CTP.
Final Thoughts: Best Car Insurance for Uber & Rideshare Drivers in Australia — 2025
Choosing the right car insurance for Uber & rideshare drivers in Australia is critical to your safety, financial security, and compliance with the law.
While premiums are higher for rideshare drivers, shopping smart, comparing policies, and being upfront about your usage can help you save.
By choosing one of the recommended insurers above and tailoring your policy to your needs, you can confidently drive passengers knowing you’re fully protected.