I drove for Lyft for a while while taking a break from software. Then I got t-boned by a red-light runner.
Fortunately no one was injured. I was on my way to pick up a passenger, but it was only me in the vehicle.
When I went to make my insurance claim to fix several thousand dollars worth of damage to my car, I discovered that despite having done a lot of research when trying to buy the right insurance with a rideshare rider and which was compatible with Lyft's own insurance, I wasn't covered. I had to eat the bill.
Fortunately, I was a software engineer moonlighting and I had savings to take care of it, rather than a typical Lyft driver living with far less cushion.
This sort of thing doesn't happen when you're an employee. The essence of the gig economy is doing away with hard-won labor protections and increasing profitability by offloading risk onto workers, creating the statistical certainty that a fraction of your workforce will experience circumstances far more tragic than mine.