Rideshare operations such as Uber and Lyft have become extremely popular in Chicago and other cities throughout the United States–and it is easy to see why. Ordering a ride through your smartphone is faster, easier, and often less expensive than hailing a cab. In addition, many people believe that rideshare services are safer. Unfortunately, Uber accidents still often happen in the Chicago area.
Uber does insure drivers and passengers involved in car crashes. However, when drivers are using their vehicles for personal use, they are covered under their personal auto insurance policy. If a driver is using the app but has yet to start a trip, they are covered under their personal insurance policy and Uber’s contingent liability policy, which provides up to $50,000 per injury for a total of $100,000 and up to $25,000 in property damage in the event the driver’s personal insurance does not cover the issue. If an Uber driver has accepted a fare or is on a trip with a passenger, they are are covered by a one million dollar liability policy and a one million dollar uninsured/underinsured policy. The UM/UIM coverage protects drivers and passengers in event of an accident with an uninsured or underinsured motorist.