Thread: Misc I drive for lyft/uber
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Old 11-16-2021, 07:48 PM   #63
otherstar otherstar is offline
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Join Date: Mar 2009
Location: Houston, TX area
Casino cash: $6922083
I drove Uber for three years in Houston and quit driving in April. I live in the Houston area, and after getting in a minor accident while driving Uber, my insurance rates skyrocketed because I had to raise my liability limits and get a Rideshare endorsement (my insurance company didn't know I was driving, and it wasn't clear that I needed to tell them because Uber touts the fact that it insures you while driving). The other reason I quit is that gas/maintenance/and misc. expenses were really eating into my income from driving, AND MOST IMPORTANTLY, I began to look more closely at how much my passengers were paying Uber, and what my cut actually was. I had one trip where my passenger paid Uber around $75 and I got paid only $32...and there were multiple cases where Uber was taking anywhere between 25% and 50% of the fares (it was wildly inconsistent but the average was between 40% and 45%).

On the plus side, I had a few cool passengers including former Chiefs backup QB Pete Beathard, Texans OL Max Sharping, and while I can't remember his name, he'd been Neil Armstrong's commander in the Navy during the Korean War.
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