New Laws Push Uber And Lyft To Bump Up Insurance Coverage, But A Collision Gap Remains

New Laws Push Uber And Lyft To Bump Up Insurance Coverage, But A Collision Gap Remains
Fortune
7/1/15

[…] (Drivers themselves are also not protected if they are hurt in an accident that is their fault, though the companies’ policies cover bodily injury to passengers and others.) And under a new California law, a driver’s personal policy is expressly prohibited from paying for any claims that happen when a driver is logged into a ride-hailing app, so their personal policy won’t cover collision either. […]

Uber, Lyft accused of cutting corners on insurance

Uber, Lyft accused of cutting corners on insurance
Portland Tribune
11/26/15

[…] Critics say Novick’s proposal — the industry standard supported by Uber and Lyft — will leave injured pedestrians and other accident victims with inadequate insurance coverage. […] When the city of Eugene proposed higher insurance requirements, Uber abruptly left the Eugene market last spring. […]