Uber, which was founded in 2009, has rapidly transformed the transportation industry around the United States. People were once required to hail a taxi if they wanted to be transported to another location in the city. Now, people can order a ride at the click of a finger.

This convenient and affordable method for transportation allows people to connect with drivers rapidly and make it to their destinations with ease. Despite the fact that Uber and other rideshare companies have drastically reduced the number of drunk and impaired drivers sharing the road, we are seeing a major increase in rideshare drivers being involved in collisions across the state.

Rideshare Companies have Expansive Insurance Coverage

Florida has a mandatory minimum coverage requirement for all drivers on the road. Typically, these insurance policies provide coverage including $10,000 in personal injury protection and $10,000 in property damage liability. Rideshare drivers are required to maintain insurance policies with much higher coverage. In fact, the state of Florida mandates that rideshare drivers have at least $1 million in liability coverage for physical injuries, property damages, and death. Even when drivers are not actively engaged in transporting passengers, they must have coverage equal to, or greater than, $50,000 in death or physical injury liability coverage.

In addition, companies like Uber and Lyft also provide up to $1 million in coverage for third party damages and injuries. When drivers are involved in accidents with underinsured or uninsured motorists, the $1 million is available to provide coverage for damages and injuries that exceed the coverage of the at-fault party in an accident.

Depending on the circumstances surrounding your accident, you may benefit greatly by reaching out to an auto accident attorney in Florida who can help you navigate the complex legal system after being injured in a rideshare accident.

Who Can Collect From Rideshare Companies?

Regardless of whether you are a driver or a passenger involved in a rideshare accident, you have access to compensation provided by the rideshare company. Uber and Lyft both have expansive rideshare insurance policies that cover catastrophic injuries, damages, and death benefits for people injured or killed in accidents caused by negligent or reckless drivers.

The Attorneys at Sheftall & Associates Can Help You

Florida car accident attorneys at Sheftall & Associates are dedicated to helping victims recover from these devastating experiences. It is crucial for victims to recognize that they are not alone. Thousands of people across Florida suffer overwhelming fear and anxiety as a result of motor vehicle accidents.  For this reason, we strive to help those harmed to recover the maximum amount of compensation available to alleviate the costs of medical treatment and various other damages they face from their accidents.

Working with our reputable accident attorneys will ensure those harmed have the best bet at recovering from their accidents. If you were injured in an accident, due to the reckless or negligent actions of another driver, contact our law firm in Florida at 904-647-2296 to explore legal options available for you.