You could be fined £300 for taking your friends – here’s how

DRIVERS could be slapped with a £300 fine for taking their pals.

Motorists might be tempted to drive to friends’ homes to earn some extra cash on the side.

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However, some insurance policies do not allow drivers to accept any type of payment for a ride as it could be perceived as using your car for rental purposes and profit.

However, it’s okay to accept gas money as you probably won’t make a profit from it.

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If it turns out that offering ridesharing is for financial reasons only – or it’s advertised as a service – the driver can have their insurance coverage voided.

And driving without insurance could result in a fine of at least £300 and six penalty points, gov.uk Conditions.

Dan Hutson, Motor Manager at comparatormarket.comagreed Express.co.uk: “By offering a ride to friends and family you may think you are doing a good deed, but if you accept payment for the ride you could actually be voiding your insurance premium.

“Although car sharing is now often included in standard car policies, you should only accept a subsidy for fuel and other operating costs.

“Although car sharing is now often included in standard car policies, you should only accept a subsidy for fuel and other operating costs.

“Check with your insurance provider not to exceed limits to void your policy.”

If motorists want to generate revenue from offering ridesharing, they need private rental car insurance.

A private rental driver’s license may also be required.

It is important to know that putting your insurance in someone else’s name, even if it is a parent, is known as fronting and may result in your policy being voided.

It’s illegal and drivers could be fined up to £5,000 if brought to justice.