“TNCs should also be required to carry…a minimum of $50,000/$100,000 comprehensive and collision coverage…”
What the heck does that mean? I get split limits under BI/UMBI and a max PD coverage limit, but I have NEVER heard of split comp & coll coverage before. You don’t carry $50k or $100k of comp or coll coverage, you carry a comp or coll deductible.
For an article posted on InsuranceJournal, getting coverage wrong is unacceptable.
“TNCs should also be required to carry…a minimum of $50,000/$100,000 comprehensive and collision coverage…”
What the heck does that mean? I get split limits under BI/UMBI and a max PD coverage limit, but I have NEVER heard of split comp & coll coverage before. You don’t carry $50k or $100k of comp or coll coverage, you carry a comp or coll deductible.
For an article posted on InsuranceJournal, getting coverage wrong is unacceptable.