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Question: if lyft drivers don't have to purchase professional insurance, why should cab companies have to do so? The insurance companies charge a lot more when
by johnrob 13y ago
Question: if lyft drivers don't have to purchase professional insurance, why should cab companies have to do so? The insurance companies charge a lot more when driving for hire.
- obstacle1 13y agoTechnically Lyft drivers don't charge for rides. Transactions are based on suggested "donations". So at least technically it is more like giving a friend gas money than paying a cab driver. That is probably why they are able to avoid professional insurance: they are not strictly offering what we know as a taxi service.
- messick 13y agoJust wait until one of these drivers gets in an accident and kills their passenger. The jury in a wrongful death lawsuit isn't going to buy this sort of technically.