Here’s a way for Uber and Lyft drivers to get paid for days off!
Face it, if you are a rideshare (or delivery) driver it can quickly become a grind.
When you get a paycheck every 2 weeks you don’t see the direct connection between your 8-hour day and income. But when you drive rideshare you see that trading time for money is painfully obvious.
Plus, whatever the weather conditions, if you don’t drive you don’t make money.
Plus there are some other disadvantages:
Wear and tear on your car
Driving rideshare puts a tremendous amount of mileage on your vehicle. It also increases the need for service and repairs. Unfortunately, rideshare makes having accidents on the road more likely because of the sheer number of hours on the road.
Rideshare demands intense driving hours.
To earn the most money, you need to drive during “high-cost” windows. This means 7-11 AM and 3-8 PM every day when the traffic is the thickest.
TOS can and do change frequently with Uber and Lyft.
When you agree to become a driver for Uber and Lyft, then you must stay up-to-date on all of the Terms of Service (TOS) which govern your agreement. There are plenty of rules that cover the bonuses, fees, and fares that occur with every ride, and those rules can change at any moment.
Your wages may not be reflective of the work that you are doing.
Many of the drivers who work for Uber and Lyft are not fully aware of the actual amount they earn by providing rides or delivery services with their vehicles.
When you take into account the wear and tear on your vehicle, the fuel expenses, cleaning costs, and all of the other needs that go into this employment opportunity, some drivers struggle to make more than the minimum wage in their community. Some drivers are experiencing lower pay and rising costs.
Drivers must carry commercial rideshare insurance.
Many drivers don’t realize that driving for commercial purposes (Uber, Lyft, or Delivery) is actually against the terms of your insurance. This means if you get into an accident things can get complicated.
You must carry commercial rideshare insurance on your vehicle. There are no exceptions to this rule in any community. Should your passenger experience an injury in an accident, whether it was your fault or not, then they could potentially hold you liable for their medical expenses and other costs.
Because most Uber and Lyft drivers are independent contractors and not employees, this means your assets are on the line in this circumstance.
But don’t Uber and Lyft cover me?
Yes, many new drivers don’t know this but both companies require you to carry a $2,500 deductible! That’s right your deductible if ever in an accident is very high (twenty-five hundred dollars (USD). What many rideshare drivers still may not know is that even a minor fender bender will cost you 2500.00 dollars.
How to Get Paid On Your Day Off!
You are reading these words online.
This means you have access to a computer. Have you ever considered working online?
Being able to separate your labor from the money being paid is certainly more fun than driving around all day.
Learn why many of our students are rideshare and delivery drivers.