It does not matter whether you are a pedestrian, motorcyclist or simply driving in your own car because once you’re involved in an accident with any of these ridesharing app companies, the compensation within a personal injury case is pretty much the same.
The difference in the compensation payout largely depends on which insurance coverage level the accident falls under (see above). Therefore, if the accident falls under level 1, you should understand that you can hold neither Uber nor Lyft liable, and the driver will have to bear full responsibility.
Compensation is limited to $50,000 per individual and $100,000 per accident when strictly utilizing a driver’s insurance policy.
However, if the accident falls to level 2, then both Uber and Lyft will claim a limited responsibility along with the driver’s personal insurance. Insurers from both sides offer up to $50,000 in liability coverage per individual and $100,000 per accident.
This liability further covers up to $30,000 in property damage, not to mention that the law makes it mandatory for rideshare companies to carry $200,000 in excess liability coverage under level 2 just in case the injuries are significant.
Finally, if the accident falls under level 3 then both Lyft and Uber carry full responsibility and will be held liable for any injuries and property damage sustained. The insurance coverage under this level is up to $1 million in liability coverage as well as $1 million in uninsured or underinsured motorist injury. That means you can expect up to $1 million in compensation per accident.
Note: You are not limited to accepting what these insurance companies are offering in compensation if you feel you deserve more. Actually, nothing stops you from pursuing claims against the driver’s personal insurance policy as well as the ridesharing company’s.