If you are considering participating in a ride share or car pooling program, you may not be properly insured.

With car pooling and ride share programs increasing in popularity, a gap in your automobile insurance could place you at risk. Don’t assume your private passenger automobile insurance extends to situations where you are carrying passengers and accepting financial compensation. Whether in the form of cash, internet deposits or tanks of gas, these can all be construed as business use of your vehicle.

If you are carrying passengers and accepting compensation, don’t take a chance with your coverage, call your broker to make sure you are properly protected.