Okay. You have some free time and you could use some extra cash. You don’t want to commit to a second job that will demand more time than you can give. You decide to be a part-time delivery person (sandwiches, pizza, etc.) or even sign up to drive people around town (similar to a taxi service, Uber) using your own vehicle.
Know this part first: Your personal auto policy EXCLUDES Bodily Injury and Property Damage Liability as well as Medical Payments Coverage (Personal Injury Protection) to you or any other person occupying your vehicle when it is being used as a public or livery conveyance (the delivery of goods or persons for a fee). This exclusion does not apply to a share-the-expense car pool.
- Your own auto policy doesn’t cover any liability lawsuits against you. A) Does your employer or business partnership have a liability policy that covers you? B) If so, what are the coverage limtis and what exclusions are there? C) If there is no other liability policy, are you ready to assume that risk yourself?
- Your own auto policy doesn’t cover any medical expenses for you and any other person in the vehicle with you. A) Do you have a major medical policy that pays if you are injured in an auto accident? B) If so, what are the coverage limits and what exclusions are there? C) If NO, does your employer or business partnership have a medical policy that covers you and/or any other riders (paying or non-paying) that are injured while you are using your vehicle for delivery purposes?
If you discover that you don’t/won’t have as much liability protection and/or medical coverage as you need, and you don’t want the expense of purchasing a commercial policy, it will make more sense to find another way to earn that extra cash you want instead of using your vehicle to deliver people or goods.
By Brendan White