Here’s how to make the most money as Uber or Lyft driver – WRTV Indianapolis

Driving for Uber or Lyft is usually introduced as a simple method to make money. At a primary degree, there are solely two steps: enroll, then drive. But in actuality, it’s not that straightforward.

Before you can begin incomes on both platform, you’ll have to apply. And there are a selection of things, such as age and car sort, that may decide for those who qualify. Here’s what you want to know to get began.

Meet The Driver Requirements

To drive for both Uber or Lyft, you will need to meet these primary necessities:

  • Be a minimum of 21 years previous (19 yr olds might qualify to drive for supply providers such as UberEATS or UberRUSH)
  • Pass a screening course of, which can embrace a assessment of your driving report and probably a background examine
  • Meet your state’s minimum auto insurance requirements
  • Have a legitimate driver’s license

Uber candidates should even have at the least one yr of driving expertise in the U.S., or three years in the event that they’re beneath age 23. Lyft drivers should have a license for at the least a yr earlier than making use of.

Meet The Vehicle Requirements

In basic, Uber or Lyft automobiles should meet state necessities, such as passing a smog check or having up-to-date registration, be in good working situation and have 4 doorways. Each service additionally has particular necessities for automobiles:

  • Uber: Vehicles should cross a 19-point inspection and be a mannequin yr 2001 or newer (or 2006 in some cities)
  • Lyft: Cars have to be mannequin yr 2005 or newer (although there are exceptions in sure markets) and meet other requirements, such as having at the very least 5 seat belts and an unmodified exhaust system

There will doubtless be driver- or automotive-associated necessities particular to your location as properly. Ask Uber or Lyft if you fulfill these earlier than making use of.

uber photo

Check Your Insurance

Both providers supply supplemental insurance coverage to drivers, however be certain to speak together with your insurance coverage supplier earlier than signing up. Your insurer might cancel your coverage should you don’t disclose your new gig. And relying in your present coverage—as properly as the insurance coverage offered by the rideshare firm — you may nonetheless have protection gaps. In that case, contemplate buying rideshare insurance coverage, if it’s obtainable the place you reside, or a business auto coverage.

Learn extra here.

Navigate The Application Process

Remember these minimal necessities listed above? You’ll want correct documentation to show you’ve met every of these and another necessities your location calls for.

If you’re in a rush to begin driving, don’t step on the fuel simply but. Uber says it often approves uploaded paperwork inside two hours, nevertheless it may take 5 to seven enterprise days, or longer, to full background checks. Lyft tells candidates that background checks can take a number of weeks to course of.

Maximize Earnings

If you turn into a rideshare driver, it pays to familiarize your self with the numerous earning and bonus options. Start by checking if there are any assured-pay promotions obtainable in your space. Those often assure your weekly or hourly earnings as lengthy as you meet sure necessities. And reap the benefits of peak hours — when demand for rides is excessive — by means of Uber surge pricing or Lyft’s Prime Time charges. That may imply ready for rides after a music pageant or making your self obtainable to drive throughout the morning commute.

If you qualify, there are different methods to earn extra. For instance, there’s Lyft’s Power Zone, which pays additional for accepting rides or choosing up riders in specified places, or Uber’s meals-supply service UberEATS.

It’s additionally a good suggestion to hold your automotive clear, be pleasant and use a dependable GPS. Great customer support will earn you a excessive driver score, which may help you decide up extra rides and earn extra money.

The article What It Takes to Drive for Uber and Lyft initially appeared on NerdWallet.

This story initially appeared on Don’t Waste Your Money. Checkout Don’t Waste Your Money for different nice ideas and concepts to make the most out of life.

Source link