How Much Can I Get From A Rideshare Accident?

A rideshare accident for a passenger can be a very traumatic experience. Passengers who are injured in a rideshare accident cannot only suffer from physical harm, they can also be afflicted with emotional distress and financial loss. When a rideshare passenger is seriously injured in an accident, trying to determine damages and compensation for trauma and injury can be stressful, confusing, and complicated, especially without the assistance of a knowledgeable rideshare accident attorney. When these types of accidents occur, it is logical to wonder how much compensation and recovery can be obtained by the at-fault party or rideshare company.

Figuring out the amount of damages and compensation you can get from a rideshare accident will depend on the circumstances of the accident, the extent of the injuries or harm, who was involved, and who was at fault. These factors are all considered when determining compensation and damages.

Rideshare companies, such as Uber and Lyft, provide up to $1 million in liability coverage and up to $1 million in uninsured/underinsured coverage. Even though rideshare companies provide such coverages, that does not mean that you will automatically collect that coverage or amount. Rideshare drivers, as well as regular drivers, are required to carry their own personal car insurance. When an accident arises, Uber and Lyft’s insurance policies will not take effect until the at-fault party’s personal insurance is exhausted or denied. If personal coverage is exhausted or denied, you can submit a claim or file a lawsuit with the rideshare company.

As mentioned, several factors are taken into consideration when determining an amount for compensation. The first aspect that goes into figuring out compensation is the extent of the injuries you sustained. It is key to have documentation of all medical treatments and care in relation to the rideshare accident. Then, it is important to recognize your economic losses, such as lost wages for the present and future. Pain and suffering can also be collected if it is found that you are suffering from physical and/or emotional distress.

If you are unsure about the amount of compensation you can collect from a rideshare accident, it is highly advised to consult with a rideshare accident attorney. An attorney can evaluate your case and help you get the compensation you deserve.