Inshur Auto Insurance Review (2024)

What You Should Know About INSHUR

Inshur is a 100% online insurance company. As a result, drivers can get Inshur auto insurance quotes only through the app and must handle all insurance needs through the app as well.

The Inshur auto insurance company only offers coverage in the U.K., Netherlands, and New York City. Clear Ble underwrites coverage in the U.S.

Inshur only offers rideshare insurance to New York City drivers who are over 21, have Uber driver login credentials, and have a vehicle with no more than seven seats.

Even though drivers need an Uber login, they can drive for other rideshares such as Lyft.

However, drivers have to meet all of the New York Taxi & Limousine Commission (TLC) vehicle requirements, such as having a clean vehicle with no cosmetic damage, and that is model year 2006 or newer.

Inshur is the first auto insurance company in New York to allow drivers to get TLC insurance online. That means avoiding the long process usually needed to get coverage.

Inshur is completely digital, so your insurance documents will be emailed to you and are also available through the app. Additionally, you can renew your policy, add drivers, and update your vehicle information through the app.

How do you file an auto insurance claim with Inshur?

Filing a claim with Inshur is pretty easy. Although drivers can’t file a claim directly using the Inshur app, they can speak with customer service through the app to get a claim started.

If drivers have a Nexar dashcam and have registered it with Inshur, the video can be sent directly to Inshur. This speeds up the claims process, and Inshur may even reach out first to the driver to get a claim started.

The target for the claims process is 7-10 days, and Inshur plans to allow drivers the ability to file claims directly in the app at some point.

What are the Inshur auto insurance ratings?

Inshur hasn’t been on the insurance scene in the U.S. for very long, which can affect its ratings.

A.M. Best rates companies on financial stability. Since Inshur is relatively new, it does not have an A.M. Best rating. However, its underwriting company Clear Blue has an A- rating with A.M. Best, showing an excellent ability to meet financial obligations.

The Better Business Bureau (BBB) rates companies on how well they interact with customers. Inshur is not accredited and has an F rating, mainly due to not responding to all complaints.

Since Inshur requires users to do everything through the app, app ratings are very important. The Inshur app received a 3.9/5 in the Google Play Store and a 4.7/5 in the Apple App Store.

INSHUR Insurance Coverage Options

Inshur only offers auto insurance to rideshare drivers in New York City. The coverages offered by Inshur meet the requirements of the TLC.

This table details the TLC coverage requirements.

As you can see, there is no requirement for collision coverage. This means if you only get the minimum TLC coverage required, your auto insurance won’t fix damages to your vehicle if you are in an accident.

You might consider adding collision coverage if:

• You lease your vehicle or have a car loan. Most lenders require you to carry liability, collision, and comprehensive coverage.
• You can’t pay for repairs to your vehicle yourself. If you can afford to pay out-of-pocket for damages to your car, you may be able to skip collision coverage.
• Your vehicle is old or not worth much money. Replacement costs on a newer vehicle are high, and paying for that yourself may not be an option.

Keep in mind that any coverage you purchase with Inshur will carry over into personal use of your vehicle as well as when you are driving for a rideshare company.

INSHUR Insurance Rates Breakdown

Inshur car insurance rates will vary by driver, but rates usually range between $3,000-$10,000 a year or $250-$833 a month.

Age of the driver, how long they have been driving for a rideshare company, and driving record will all be used to determine rates.

You will also use the Inshur app to make your payment with a credit or debit card. You can either pay in full or make payments.

If you choose to make payments, you will have to pay a deposit of 15%-30% of your rates. The remaining balance is divided into 10 monthly payments.

Although Inshur doesn’t have discounts, drivers can get a $25 Amazon gift card for referring other drivers.

What factors affect Inshur auto insurance rates?

There are many factors that affect auto insurance rates, and Inshur uses the same factors to calculate rates for its rideshare drivers.

Common factors used to calculate rates include your age, driving record, ZIP code, and even your credit score.

Hands down, the greatest factor looked at by auto insurance companies is your driving record. Your driving record gives insurance companies an idea of how risky you are to insure.

This table shows you just how much your driving record affects your auto insurance rates.

Drivers with an accident, ticket, or DUI will pay much higher rates than a driver with a clean driving record.

That holds true for drivers needing rideshare insurance as well. Your Inshur auto insurance rates will vary based on the normal factors used to calculate rates.