Uber has transformed the public transportation industry. Riders love it due to costs that are a fraction of a traditional taxi. Cabbies and taxi companies aren't big fans, using a variety of regulatory maneuvers to try and stop Uber's phenomenal growth.
After spending $100 dollars on a cab, I can certainly understand the allure of Uber. As an insurance claims consultant, I can also understand some potential liability issues that could arise if an Uber driver does not have the proper insurance.
According to a recent investigative report, Uber may be instructing its drivers that purchasing personal insurance is sufficient to cover them in the event of a loss. Having spent the better part of the last 25 years handling both personal and commercial auto, this is an area that should be of particular concern.
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