Liability insurance can help people cover the costs of a car crash. When two passenger vehicles collide, the party at fault usually provides insurance coverage to pay for the losses of the other party. If they don’t have sufficient coverage, then the injured people may file lawsuits.
Some car crash scenarios are more complex. Rideshare collisions technically involve two passenger vehicles. However, one driver uses their vehicle for commercial purposes.
When a collision occurs that negatively impacts a rideshare passenger, they may have questions about their rights and financial protection. What insurance is available after a rideshare collision?
1. Standard liability coverage
If the other vehicle caused the crash, not the rideshare vehicle, then the passenger can file a standard insurance claim in many cases. They can hold the other driver accountable for their medical bills, lost pay and property damage expenses.
2. Rideshare insurance
Sometimes, collisions occur right when passengers reach their destination or as they enter the rideshare vehicle. The rideshare driver could be at fault because they parked in an unsafe location. In such cases, their specialized rideshare policy may help cover the passenger’s losses.
3. Company policies
Both Uber and Lyft carry seven-figure liability policies. Any crashes that occurred during the active ride that are the fault of the rideshare motorist could make the passenger eligible for coverage through the commercial policy carried by the company.
Reviewing the details of a rideshare collision can help passengers evaluate their options. Injured passengers may need help optimizing the funds they recover through insurance and taking legal action for any uncovered losses they sustain.