It takes just a few clicks to become a driver for Uber or Lyft. But all it takes is one minor car accident while driving for either service to turn that driver's life upside down. Insurance for rideshare drivers is absolutely needed, but obtaining the right coverage is a difficult and confusing task. Anyone signing up for either ridesharing service — also known as a Transportation Network Company (TNC) — must understand what is required and needed to drive for either Uber or Lyft. If you do want to drive for a TNC, or if you are an insurance agent looking to enter this fast-growing market, here are some key things you need to know. Related: 5 things drivers need to know before working for a ridesharing service