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Senate committee advances bill to clarify rideshare insurance responsibility amid insurer cost concerns
Summary
SB 371 would remove a statutory requirement that drivers personally hold $1,000,000 in uninsured/underinsured motorist (UIM) coverage and clarify the responsibility lies with transportation network companies (TNCs); committee passed the measure to Appropriations after competing testimony from TNCs and consumer advocates.
Senator Cabaldon presented SB 371, which would remove the driver obligation to carry $1,000,000 in uninsured and underinsured motorist coverage for transportation network trips and make the liability responsibility explicit for the transportation network companies.
John Finley, representing Uber Technologies Inc., told the committee that "we are not talking about coverage for accidents…
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