Need a ride? Today all it takes is a smartphone and a downloaded app like Uber or Lyft. However, if you’re injured during the journey, whose insurance covers you?
Ride-share companies have gone to great lengths to be sure that accidents that arise out of their operations are insured. Like any business, a ride-share company does not want to be in the courtroom, where jury awards and expensive legal fees eat into profits. However, which insurance applies can be confusing.
From when the driver logs in to the app until a passenger leaves the vehicle, coverage varies. Each “period” of driver/rider interface falls under different insurance coverage.
While you’re occupying a ride-share vehicle, the ride-share company’s insurance provides coverage. If you’re injured, the ride-share company should handle your claim.
If another driver is at fault and has no insurance, ride-share operators usually carry uninsured and underinsured coverage through the company, as well. The maximum limit of liability coverage is $1 million, which is usually enough to cover most injuries and health concerns.
However, your own auto policy may respond. Although policy wording varies, most auto policies provide medical payments to cover your injury.
Additionally, if the ride share’s limits of liability are insufficient to cover an uninsured motorist event, you can file a claim with your own insurer to determine if your coverage applies.
Feel free to contact our office with any questions about ride-sharing coverage. As your go-to source for insurance info, we are happy to help.