Regulations

Bill Could Change Insurance Rules For TNC Drivers

Posted on December 2, 2015


TALLAHASSEE, Fla. -- State lawmakers are moving a bill through subcommittees that could affect the way app-based companies like Uber and Lyft are insured.

The bill would require Transportation Network Companies to meet minimum insurance standards. Companies like Uber and Lyft already meet those requirements, but this bill codifies those standards and makes it official so that moving forward, all TNCs need to have the minimum coverage.

South Florida Business Journal article here

Related Topics: fleet insurance, Florida operators, legislation, Safety, Safety & Insurance, TNCs, Uber

Comments ( 3 )
  • Jay

     | about 2 years ago

    Independent contractors bore all the cost associated with being in business for themselves. This includes commercial insurance to operate a vehicle for hire 24/7/365 continuous. They should also be able to set their own pricing. The drivers should just lease the app and run their business just like every other legal business operating in the State of Florida and form an LLC etc... I agree on having Florida regulate the entire State of for hire vehicles and enforcing by the counties local police departments. Every for hire vehicle needs a special license plate for better acknowledgement of their business model.

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