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Lyft is still outsourcing risk to those drivers. Lyft is certainly well aware of how much money it saves by ensuring that when expensive tragedies happen, they
by rectang 8y ago
Lyft is still outsourcing risk to those drivers.
Lyft is certainly well aware of how much money it saves by ensuring that when expensive tragedies happen, they are borne by individuals. As to how well the drivers are prepared, well it's going to vary by individual, but it's safe to say that none of them understand the risks they are taking on as well as Lyft does, and in the aggregate most are unprepared, not even having proper rideshare insurance.
- crsv 8y agoThis was my first thought as well - it seems like a thought out risk mitigation strategy that plays well from a PR perspective. It's a savvy move, and to your point likely escapes the typical drivers awareness. So at what point does regulation get in the mix as Lyft or other ride sharing companies take direct action that signals risk acknowledgement or indemnification?