Lyft is a popular rideshare company that offers an alternative to the traditional modes of transportation, such as taxi cabs and public transportation. Users download an app, which they can then use to hail a driver within a few seconds. The service offers unrivaled convenience, and as a result, Lyft has completed more than a billion rides since the company’s inception in 2012.
Lyft is understandably popular across the Garden State; however, many users overlook the dangers involved in using the service. South Jersey Lyft accidents are increasingly common, and often result in serious injuries to those involved. After a rideshare accident, accident victims are frequently frustrated because, while the company offers an insurance policy to help cover the costs of an accident, the policies are complex and difficult to understand. At the South New Jersey personal injury law firm of Petrillo & Goldberg, we represent Lyft accident victims, helping them obtain fair compensation for their injuries. Our dedicated team of attorneys has extensive experience dealing with even the most complex insurance policies. As skilled negotiators, we are adept at negotiating settlement offers. As aggressive litigators, we are prepared to fight if the insurance company refuses to make a fair offer.
Does Lyft Cover the Costs of an Accident?
In many ways, a rideshare accident is similar to any other accident. Many, but not all, Lyft accidents are caused by a negligent Lyft driver. Lyft has an insurance policy that will provide compensation to injured passengers. However, even in this situation, determining the best way to pursue a claim for compensation following a South Jersey Lyft accident can sometimes be tricky due to the complexity of the company’s insurance policy.
To help ensure that accident victims have a means of recovery following a rideshare accident, state law requires Lyft to maintain insurance on behalf of its drivers. These limits vary by state. In New Jersey, Lyft’s insurance policy $1.5 million in coverage for death, bodily injury or property damage for accidents occurring during a Lyft ride.
A Lyft ride begins when the Lyft app matches a driver up with a passenger and extends up through the point when the driver drops off the passenger at their destination. During this period, Lyft’s insurance policy also provides $1.5 million in underinsured/uninsured motorist (UIM) protection.
However, for accidents that occur outside of a designated ride, the insurance limits are significantly lower. For example, in New Jersey, rideshare companies are only required to maintain bodily injury coverage of $50,000 per person/$100,000 per accident. Thus, if someone such as a pedestrian is injured by a Lyft driver who is not on an official trip, these lower insurance limits apply.
The Challenges of Dealing With an Insurance Company after a Lyft Accident
While Lyft carries insurance coverage to help provide a means of compensation for accident victims, the decision on whether to pay out on a claim rests with the insurance company. Of course, insurance companies are profit-motivated corporations that are concerned primarily with the company’s bottom line. Not surprisingly, providing fair compensation for accident victims is not among the priorities of an insurance company.
Often, insurance companies will look for any reason to deny an accident victim’s claim. Anyone injured in a South Jersey Lyft accident should consult with a dedicated personal injury attorney for assistance with their claim.
Contact a Dedicated South New Jersey Rideshare Accident Lawyer for Immediate Assistance
If you or a loved one has recently been injured in a South Jersey Lyft accident, contact the knowledgeable and compassionate personal injury lawyers at Petrillo & Goldberg. With extensive experience handling a wide range of South New Jersey car accident claims, our lawyers are well-versed in dealing with complex insurance policies and dealing with difficult insurance companies. We strive to settle your case for as much as possible through pre-trial negotiations; however, as seasoned litigators, we will not hesitate to take your case to trial if the other side is unwilling to engage in fair negotiations. To learn more, and to schedule a free consultation, call 856-249-9288 today.