How Common are Rideshare Accidents?
Ridesharing companies have supplanted taxi services for many Americans. A recent report predicted that ridesharing services' revenues would increase to $61 billion while the combined revenue of American taxi services would drop from $24 billion to only $19 billion. Although most rideshare users are under 30, that may change as companies have begun an initiative aimed at older commuters. More drivers and commuters on the road increases the potential chance for accidents.
A recent survey determined that 1/3 of rideshare drivers had experienced an accident while on the job. While most people know their rights and the proper steps to take if they're involved in a "regular" car accident, many people are unaware of what to do if they are passengers in a rideshare that get into an accident. Often, that is because ridesharing is a relatively new business model. The companies with the largest market share are relatively young: Uber was founded in 2009, and Lyft in 2012.
While there are some extra steps involved, being a passenger in a rideshare in an accident is a similar experience to being a passenger in a commuter vehicle in an accident. However, because major corporations are involved, there are some key differences that passengers must be mindful of. That's why if you or a loved one were a passenger in a ridesharing vehicle that was in an accident, you must contact one of our team's experienced car wreck attorneys. They will help you navigate the potentially complex process of seeking compensation from all appropriate parties.
Who is Responsible if I’m in a Rideshare Accident?
Who is responsible for any personal injuries sustained in a motor vehicle accident will depend on the circumstances of the wreck. For example, if your driver became distracted trying to take a phone call or accept another fare and hit another vehicle, the driver would most likely be the one to be held at fault. However, if another car were to run a red light and strike the vehicle you are riding in, and your driver was observing all traffic safety laws, your driver may not be responsible.
Matters become more complex when considering insurance companies. Multiple insurance companies can become involved if you are in an accident while in a rideshare. These include but are not necessarily limited to the rideshare company's commercial insurance, the driver's private insurance, and the other driver's insurance.
Which insurance company might be financially responsible will similarly depend on the circumstances of the wreck. For example, if your rideshare driver was observing all laws and precautions but the car was struck by another vehicle, you would most likely deal with that driver's insurance company. However, if it can be determined that your driver was partially or fully at fault for the accident, you may be able to seek compensation from the rideshare company's insurance.
How Much Insurance Coverage Do Rideshare Companies Carry?
Rideshare companies require drivers to carry their own insurance on any vehicles they operate. However, rideshare companies also carry their own insurance to protect themselves in the event of an accident. Rideshare companies' insurance is unique in that coverage changes depending on the role a rideshare driver is fulfilling at the time of an accident. For example, Uber differentiates whether a driver is available for a fare or actively en route to pick up/currently driving a fare. If a driver is logged into the Uber app and looking for a fare but has not yet accepted one, they are covered for:
- $50,000 Driver's Liability for Bodily Injury Per Person
- $100,000 Per Accident
- $25,000 for Property Damage
However, if a driver has accepted a fare or if they are actively driving a fare, their coverage goes up. If you are a passenger in an Uber and it gets into an accident, the driver is covered for:
- Third-Party Liability Coverage
- Uninsured/Underinsured Bodily Injury Coverage
- Contingent Comprehensive and Collision Coverage
The amount of coverage for each of these can vary depending on circumstances, including the state where the accident took place. Uber usually covers up to $1 million in liability per accident. Note that this only applies to Uber. Although 76% of all rideshares are Ubers, companies such as Lyft still maintain some market presence. This is why it's essential to consult an experienced attorney if you are a passenger in a rideshare accident. An attorney will be able to review the circumstances of your specific case and determine the best way to proceed to get you the compensation you deserve.
What Should I Do if I'm a Passenger During a Ridesharing Accident?
Accidents are common. As ridesharing becomes more and more a part of American life, rideshare accidents can be expected to increase. Accidents involving two commuter vehicles can often be challenging to navigate. Because companies, private individuals, and multiple insurances are involved, ridesharing accidents can be even more difficult. This is why anyone passenger in a ridesharing vehicle who got into an accident should contact one of our dedicated car wreck attorneys.
At Gauthier & Maier Law Firm, P.C., we take rideshare accidents seriously. We know that ridesharing has become an essential part of American life in the 21st century. We also know that because ridesharing is a newer experience for most Americans, they may not know the proper steps to take if they are in an accident. This inexperience could cost you the money you're owed for your ordeal. Our hard-working accident attorneys can review every fact of your case and proceed accordingly. With one of the attorneys from Gauthier & Maier Law Firm, P.C. on your side, you can rest assured your rideshare accident will be handled with the most significant level of professionalism and care. That means the best possible results for you.
Ridesharing should be a stress-free experience. Getting into an accident in a rideshare is anything but stress-free. With an attorney from Gauthier & Maier Law Firm, P.C. in your corner, you can sit back and let us take the wheel. If you or a loved one were a passenger in a rideshare vehicle that was involved in an accident, call us today at 505-226-0009 to schedule your free consultation.