5 things drivers need to know before working for a ridesharing service

Uber, Lyft and Sidecar drivers pose major insurance risks to passengers and themselves.

By Galen Hayes | Updated on May 21, 2015

The ads are enticing: “Make $35/hour driving with us!” or “You could make $800 a week or more!”

Ridesharing services, or transportation network companies (TNCs), are everywhere. Uber alone signs up an estimated 20,000 drivers each month worldwide. The service is particularly popular with millennials who appreciate the lower transportation costs and how easy it is to use the app from their phones.

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