What does the policy cover?
When the policy is active, the policy purchased by Drift from Allstate provides the following coverage:
Liability - Provides coverage for medical costs, property damage and lost income of other people involved in a covered accident where a Drift driver is at fault ($1 million limit).
Only provided if vehicle owner’s auto policy contains the coverage:
Collision – Provides coverage for damage to the shared vehicle if the driver collides with another car or something else, such as a building.
Comprehensive - Provides coverage for damage to the shared vehicle caused by something other than a collision such as theft, flooding or hitting an animal.
In some states, the policy may also provide Personal Injury Protection (PIP) or “no-fault” coverage as required by those states.
When does the policy apply?
Drift’s policy will extend coverage to a vehicle while it is actively listed on the Drift platform and available for immediate borrowing. If you’re a fan of Drift for Airports, your car is covered from the moment it enters the Drift lot to the moment you pick it up upon your return. If you’re a Drift for Apartments user, your vehicle is covered the entire time it’s listed as available on the Drift app (as long as the vehicle’s keys are in the lockbox), including when it is out on a trip.
Keep in mind - In order for Comprehensive and Collision coverage to apply to your car, vehicle owners must have Comprehensive and Collision coverage on their personal auto policy. This is a requirement to protect Drift from fraud.
Who can file a claim?
A driver, owner, or Drift representative can file a claim. Once a claim is filed, Allstate may need to work with both the driver and owner to determine loss facts and next steps.
Is there a deductible?
Drift drivers are responsible for a $500 deductible · if they are in a covered accident during a trip and they are determined to be at fault. However, we investigate all incidents to ensure our users are safe and treated fairly, and if you weren’t at fault for the accident, then there’s no deductible.
Drift for Apartment car owners are responsible for the deductible if the vehicle sustains damage while it is listed on the platform and the keys are in the lockbox, but not out on a trip.
Drift for Airport owners will never be responsible for a deductible.
Owners are never charged for the $1 million liability insurance policy, the cost of the policy is paid by the borrower as it is factored into your car’s hourly/daily rate.
IMPORTANT – We haven’t included all the details here so you can quickly understand how the Drift policy issued by Allstate covers you. Please also keep in mind that the language in the policy supersedes this brief summary.
Questions? Let us know.