Facts about Ridesharing Insurance Liabilities
Despite being relatively new in society, ride services like Uber undeniably has been received warmly by its targets, even showcasing a staggering record of up to a million or so rides in a single day. This amount would definitely leave anyone flabbergasted and astonished. Although positively thinking, this kind of outcome is good for Uber rides, the significant amount of trips only mean that the number of potential accidents have also greatly increased.
There would also be some out there who would be curious regarding car accidents and how would responsibility be accounted for if an Uber ride becomes victim of an accident. There would also be some out there who would be even more curious what would happen if a certain situation is something that the law doesn’t specifically cover. What makes Uber rides more complex is because in the face of the law, it’s still a private car and as such, the rules that govern it aren’t rules like cabs or other transportation vehicles.
With the growing company of Uber, it is not surprising if you or someone you know has already planned to join it to have a new source of extra cash for your daily needs. Easy as it may seem at first place, there’s no doubt that there’s more than meets the eye in this concept. Learn more about some facts regarding the insurance liability behind Uber to become more accommodated to what you should expect in joining Uber.
One of the greatest point of concern for many when joining Uber, is the fact that their insurance policies are still quite on the hazy side of things, and this is because they work in the middle of private cars and transportations like taxis. For some instances, there are clear cut decisions where the Uber company would be responsible of, but more often than not, especially on cases where the responsible driver is not clear, there could also be complications with the insurance claims.
Despite the fact that Uber insurances may turn blurry at some occasions or accidents, some may assure themselves that it would be alright as long as they still have their own insurance but the truth remains that when you’re currently on duty as an Uber driver, your personal insurances may not always work.
More often than not, the company insurance provided by the company to you would not work. This means that the bill for the responsibility of the accident, especially if you have a passenger at the moment who was injured, will all land on your pocket, which is a risk that you should consider before becoming a ridesharing driver.