Lower fares.
Higher earnings.
It's time to reform rideshare insurance: outdated regulations are unnecessarily increasing ride costs and impacting driver pay.
Help us modernize the system. Tell policymakers to lower excessive and burdensome rideshare insurance requirements.
Working toward lower fares and higher earnings
Let’s come together to reform burdensome and outdated regulations, keep costs low for riders, and increase earnings for drivers.
Lyft's purpose is to serve and connect
Our communities want affordable transportation. That's why we're focused on modernizing unreasonable insurance requirements without compromising essential protections. Over time these requirements have increased the costs of Lyft rides, making them less accessible and ultimately reducing driver earnings. Insurance is by far the largest expense for each ride.
Insurance is by far the biggest expense on every ride. By modernizing these burdensome regulations, we can decrease ride costs and increase earnings, helping drivers maximize their income and their time.
Don't just take our word for it
A new report from the Berkeley Research Group highlights how New Jersey's current $1.5 million rideshare insurance mandate (for when a driver is not at fault) is an excessive burden on everyone:
The mandated $1.5 million UM/UIM coverage significantly exceeds what is necessary for nearly all accident scenarios. According to the study, in New Jersey, 98% of personal auto claims settle below a $100,000 per accident limit, highlighting how the $1.5 million requirement is excessive and unreasonable.