How Much Can I Get for an Uber or Lyft Accident in Owings Mills?

While some injured victims may feel reluctant to ask about specific numbers, it is perfectly understandable to inquire about the financial value of your injury claim. This is especially true after a serious accident in Owings Mills involving an Uber or Lyft vehicle. How much is an Uber or Lyft accident worth? Will this compensation cover your total damages, including medical expenses, missed wages, and emotional distress?

Uber Covers Up to $1 Million for Each Accident 

Uber provides their drivers with its own type of commercial driver’s insurance. This coverage can provide up to $1 million in coverage for each accident in Owings Mills. Note that this maximum payout may not always apply. A lower level of insurance coverage applies to drivers who are not actively carrying passengers at the time of the accident. In addition, Uber will not provide any insurance coverage whatsoever for drivers who log out of the platform or cease to carry out work-related functions. For example, they might pull into a drive-thru for lunch. It is important to work alongside a qualified attorney to pursue the maximum insurance settlement after an Uber crash.

 Lyft Also Covers Up to $1 Million for Each Accident 

Like Uber, Lyft also covers its drivers for up to $1 million for each accident. However, the exact level of coverage also depends on what the driver was doing at the time of the accident – and whether they were carrying a passenger. There may also be slight differences between these two insurance policies. In addition, Lyft and Uber may approach settlement negotiations in different ways. Because of these differences, it is best to work alongside an attorney who understands each company’s unique policies.

How Are My Damages Calculated? 

It’s also important to understand that you will not automatically receive $1 million for each Uber or Lyft accident. Your settlement depends entirely on your damages – which may or may not equal $1 million. For example, a case of whiplash might not provide you with $1 million, but it could still result in some level of compensation. To get a sense of your potential compensation, you will need to consider your total medical expenses and missed wages.

For example, you might suffer a clavicle fracture and facial lacerations – resulting in $50,000 in medical expenses. Due to your injuries, you might miss a few months of work – resulting in a further $50,000 of lost wages. Finally, your facial lacerations may prove to be permanently disfiguring – affecting you on a psychological level. This may result in compensation for your missed wages and lost wages, plus additional compensation for the disfigurement.

Find a Qualified Uber/Lyft Accident Attorney in Owings Mills 

If you have been searching for a qualified Baltimore car accident lawyer, look no further than Furman Honick. We are well aware of just how serious these accidents can be, and we are committed to fighting for victims affected by Uber or Lyft. With our assistance, you can pursue compensation that reflects the true extent of your injuries. Call Furman Honick Law today and speak with a partner for a free case evaluation.

 Sources: 

uber.com/blog/uber-us-insurance/

help.lyft.com/hc/e/all/articles/115013080548-Insurance-coverage-while-driving-with-lyft