December 20, 2019
Available Coverage Available for Rideshare Drivers and Their Passengers When you spend as much time on the road as an Uber or Lyft driver, it’s not surprising that accidents sometimes happen. Current New Jersey law protects the Uber and Lyft drivers as well as their passengers. A transportation network company driver who is in the course of a ride must be provided with insurance for medical payments benefits of $10,000. With the skyrocketing cost of medical care, that really isn’t all that much protection. Luckily for Uber and Lyft drivers, they may avail themselves of the same level of uninsured motorist (UM) and underinsured motorist (UIM) coverage as their passengers. New Jersey law requires rideshare companies to maintain underinsured (UIM)…