The Uber ride-sharing service has faced sharp questioning from authorities about its insurance policies for its drivers in the year and a half it has been operating in Florida. However, there may finally be an answer.
This past year, the Florida Office of Insurance Regulation decided that Uber’s $1 million commercial insurance policy with James River Insurance of Richmond, Va., met Florida requirements.
That didn’t end the controversy or confusion, though.
The question of whether Uber’s coverage, plus drivers’ personal motorist insurance, would meet coverage requirements of the Florida Financial Responsibility Law still remained unanswered. At the time of the OIR’s OK, Monte Stevens, deputy chief of staff, said that was up to the Florida Department of Highway Safety and Motor Vehicles (DHSMV) to decide.
The DHSMV, though, has never said anything definitive about James River Insurance.
A court filing this week may have provided the answer everyone has been waiting for.
Source: Florida Politics