Understanding Rideshare Insurance Coverage
Rideshare services like Uber and Lyft have transformed the way we get around. What many people don’t realize is that there are legally required insurance policies in place that protect both drivers and passengers in the event of an accident during an active ride. These policies also extend coverage to third parties—such as pedestrians or occupants of other vehicles—who may be involved in an accident with a rideshare vehicle. This coverage helps ensure that medical expenses and other damages are properly addressed, even in complex accident scenarios.
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