"Fleet Owners Signed Up with Period X insurance see an average of 86% occupancy rates."
Types of Coverage
("3rd" Party Coverage)
Physical Damage Coverage
$2,500 per accident - $250,000 Maximum any one occurrence
This only pays for the Actual Cash Value at the time of the accident, not a replacement
Collision and Specified Perils:
Maximum Value is $90,000
Co-Insurance Penalty applies if your car is worth more
The most we will pay for one accident:
$50,000 Bodily Injury (per person)
$100,000 Per Accident
$30,000 Property Damage
Note: "3rd Party"is a person or someone else's property that you hit or damage. Uninsured/ Underinsured Motorists and PIP Covered is not provided unless it is required by state law. If required, we will only pay the minimum limit. PIP coverage is "no fault" and is only in certain required states.
All vehicles bound to a Period X policy require an OBD device. There is no minimum number of vehicles needed in order to use Period X, however, each vehicle must be plated and registered within their state.
Only buy what you need, and let us cover your fleet while they are not operating. Keep your tags active without using other policies not designed for rideshare rental.
Ease of Mind
Make sure you are carefully covered when you or your employees are driving your vehicles for: maintenance purposes, refueling, car washes.
It's Legally Required
Your vehicles need to be insured at all times while they are both on and off of your lot. Period X insurance allows you to plate and register your vehicles under the state minimum to ensure you are in compliance with HyreCar’s Terms.