Uber and Lyft Provide Passengers With Uninsured and Underinsured Motorist Coverage

The Uber and Lyft ride-sharing companies, according to their respective websites, provide their passengers with $1 million of uninsured/underinsured motorist (UM/UIM) coverage, in addition to the statutorily mandated $1 million in liability coverage.  This is highly commendable and beneficial to its passengers, and goes far beyond what is provided by taxi companies which almost never provide UM/UIM coverage. So, for example, if an Uber or Lyft passenger suffers severe injuries in a traffic collision due to the negligent conduct of an uninsured or underinsured driver of another car, Uber’s or Lyft’s UM/UIM insurance will cover you to the extent the other driver’s insurance is insufficient to compensate you for your injuries, up to $1 million.