California SB371 mandates insurance coverage for transportation network companies, including uninsured and underinsured motorist coverage.

California SB371 requires transportation network companies to provide uninsured and underinsured motorist coverage. This coverage must be primary and amount to $60,000 per person and $300,000 per incident from the moment a passenger enters the vehicle until they exit. The insurance must cover any lapses in a driver's personal policy. The California Insurance Commissioner and the Department of Insurance must study the impact of these insurance requirements and report findings to the Assembly. The act also mandates annual reporting on accident statistics and rider fares.

California SB371 mandates insurance coverage for transportation network companies, including uninsured and underinsured motorist coverage.

California SB371 requires transportation network companies to provide uninsured and underinsured motorist coverage. This coverage must be primary and amount to $60,000 per person and $300,000 per incident from the moment a passenger enters the vehicle until they exit. The insurance must cover any lapses in a driver's personal policy. The California Insurance Commissioner and the Department of Insurance must study the impact of these insurance requirements and report findings to the Assembly. The act also mandates annual reporting on accident statistics and rider fares.