Justin da Rosa
Getting a driver’s license in Canada is exciting. For many, getting licensed to drive brings with it a sense of freedom; no longer having to ask parents for rides, taking public transit, or taking taxis and Ubers. But did you know having a G license in Ontario can also open doors to making money? Read on to find out the various ways to earn some extra cash with G driver jobs.
How to get your G license
Jobs you can get with a G license
There are several ways to make money driving your own -- or a company’s -- car, assuming you have a G license.
A quick Google search for “G driver jobs” returns a top result for Indeed, a job posting website.
Indeed lists thousands of jobs for G drivers, including moving jobs, chauffeur jobs, delivery jobs (such as FedEx), and countless others.
Salaries range, but most appear to pay at least $17 per hour, which is $2.65 per hour more than minimum wage. Many, however, pay more than $20 per hour.
But, there’s more to just applying to these jobs, you could also do something for yourself instead of working for someone else.
Ways to work for yourself with a G license
Maybe you’d like to start your own business or side hustle using your car. There are plenty of options for that, such as driving for Uber or Lyft, or Uber Eats, Skip The Dishes, or other food delivery services.
NOTE: Uber requires a G license and to be 21 years old. Your car cannot be older than seven years.
Driving for one of these companies can pay reasonably well, depending on how much you decide to work. The average Canadian Uber driver, for example, makes $37,323 per year, according to Talent.com.
However, if you’re going to go this route, you’ll likely require additional insurance to your standard car insurance.
Does your small business need insurance?
Car insurance rates in Ontario
Ontario has some of the highest car insurance rates in Canada, according to the Insurance Bureau of Canada. In fact, Ontario’s rates are the highest in the country, second only to British Columbia, at an average rate of $1,528 per year. For additional context, Ontario’s average is $377 more per year than the Canadian average ($1,151).
Insurance requirements when using your car to make money
If you’re using your car for commercial purposes, you’re required to let insurance companies know. Honesty is the best policy. Lying can lead to a denied claim or car insurance cancellation. You may require extra coverage, too. The minimum third-party liability will need to be bumped u,p, and you’ll be asked to add comprehensive coverage (for fire, theft, or flood) and collision (to protect your car following a crash).
While some ride-sharing programs offer additional insurance, don’t be fooled into thinking that’s ok. Again, it’s best to speak to your insurance provider to understand what, if any, additional coverage you might need -- such as collision insurance that insures your car in an accident.
If you’re using your car to make a living, you might also want to consider adding OPCF 20 coverage. OPCF20 is an endorsement (add-on) that will provide you with a replacement vehicle if yours requires repairs following an insurance claim and is in the shop for a while.
Compare Ontario car insurance quotes
Additional expenses when driving your car to make money
When using your car for commercial purposes, some other expenses to consider are the additional wear and tear, which will result in more maintenance costs.
To combat this, you might want to consider purchasing a car that is cheap to maintain. According to Consumer Reports, some of the most affordable vehicles to maintain are; the Ford Focus, Toyota Corolla, Chevrolet Silverado 1500, and Kia Sportage.
Fuel consumption is another expense that will increase when you drive your car commercially. While not everyone can afford an electric vehicle, several conventional and hybrid cars earn excellent fuel consumption ratings from Natural Resources Canada. Check out the Mazda MX-5, Chevrolet Spark, Toyota Corolla Hybrid, Hyundai Elantra Hybrid Blue, Hyundai IONIQ Blue, Chevrolet Colorado, Chevrolet Silverado, Ford Escape Hybrid, and Toyota Highlander Hybrid.
The bottom line
There are several ways to make money with a G license. First, you should choose whether or not you’d like to use your vehicle. If you decide to, make sure to set aside an extra emergency fund to help cover any additional insurance, maintenance, and gas costs.