Your car breaks down. You call a tow truck and a ridesharing service. The car pulls up and you get in. The driver seems a bit disheveled but you brush it off because you are in a hurry to get to a meeting. After you’re on your way, the smell of alcohol is unmistakable and suspecting the driver is drunk, you tell him to pull over. Before he can do so, he rear-ends the car in front of you, opens the door, and takes off running. Now, you’ve got a gash above your eye and you’re stranded. To make matters worse, when you get out of the car to call the police, someone steals your laptop from the backseat.
Your plane just landed in Newark and you open your ridesharing app to arrange for a ride. A few minutes later, the driver texts you that he has arrived. You have his photo, license plate number, and description of the car and you spot him as soon as you step outside. All is well. You get into the car and suddenly a van rear-ends the ridesharing car. You’re injured. Now what? Who will pay your medical bills?
New Jersey legislators recently addressed that question. Under the newly enacted Transportation Network Company Safety and Regulatory Act, drivers and the ridesharing companies that employ them must meet certain insurance coverage standards.
The new law provides for $1.5 million in coverage under certain conditions as explained below.