Using rideshare services like Uber and Lyft has become a norm in the United States. While many of us see no issue getting a ride from a stranger, there can be potential consequences.
Based on a study done in 2018, the number of traffic-related deaths has increased by 2-3% in the U.S. since the introduction of rideshares. If you do end up in an accident while in a rideshare vehicle, it is important to be prepared to take the right steps.
Here are some things you should know in case you’re in an accident:
- Look into the company’s insurance plan. While you might quickly download the app and order a ride without thinking, it would be smart to pause and research what kind of insurance they use. Most of the larger rideshare providers have insurance plans to cover passengers if injured in one of their vehicles. Knowing what kind of coverage the company offers should be something you know before you get into one of their cars.
- Be aware of the gaps in coverage. Not all rideshare options are created equal. Cheaper rideshares (such as basic versions of Uber or Lyft) are usually covered by the driver’s personal insurance. Meanwhile, taxis and deluxe versions of rideshares (such as uberBLACK or Lyft Lux) are covered by commercial insurance. Commercial insurance is 10 times more expensive than personal insurance – and gives you much more comprehensive coverage, if you get into an accident during the ride.
- Figure out costs. If you become seriously injured and end up in the hospital for an extended period, causing you to miss work, then you may have reasons to be financially concerned. Consulting with an attorney to figure out how much the accident may end up costing you is a great way to prepare. They may find damages you wouldn’t have thought of yourself.
The next time you hop into a rideshare, keep these points in mind. It is best to be ready in the event of an unfortunate situation.
