Drivers for rideshare services like Uber and Lyft will have to carry hefty insurance policies, under a bill headed to Louisiana Gov. Bobby Jindal’s desk.
Rideshare services, or transportation network companies (TNCs), connect contract drivers, who frequently use their personal cars, with passengers through a smartphone app.
These providers have drawn scrutiny in cities around the United States where they operate, often because of safety issues that arise from the lack of regulation.
Under Senate Bill 172 by Sen. Dan “Blade” Morrish, R-Jennings, drivers will be required to carry a $1 million minimum insurance policy when shuttling passengers.
During the pre-trip acceptance period, the bill requires $50,000 for death and bodily injury per person, at least $100,000 for death 25 and bodily injury per incident, and at least $25,000 for property damage.
The insurance requirements take effect Jan. 1.
The proposal won final legislative passage with a unanimous Senate vote on June 6.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
Pierce Named CEO of GEICO as Combs Resigns
‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk
Litigation Finance Hits a Wall After Bets on Huge Gains Falter 

