11/30/2023 0 Comments Uber yahoo finance news![]() He started a GoFundMe to pay for his medical bills here. McIntosh could have, but he told Stoogenke he was part of a special Uber program with a rental car company, so he didn’t need his own coverage and didn’t have it. You may have to turn to your own insurance for help. If you’re in a Lyft or Uber and in a crash that’s the other driver’s fault and he or she doesn’t have enough insurance, rideshare companies may not cover all your medical bills. It’s not clear if anyone tracks drivers who are underinsured. According to a study the Insurance Information Institute did in 2019, 7.4% of drivers in North Carolina didn’t have insurance, and 10.9% in South Carolina didn’t. There are a lot of drivers on the road without insurance or enough insurance. MORE ACTION 9: Person who owns restaurant’s Facebook page refuses to give business control He did not hear back in time for this report. Stoogenke asked Lyft if it covers the same amounts as Uber. The same rules apply to all rideshare companies, including Lyft. More people sued when they could get $1 million. The $1 million policy was extremely expensive.ģ. Other drivers in North Carolina only have to carry $35,000, so it’s fair.Ģ. “They’re relying on Uber, whether they know it or not, to take care of them in case something happens to them,” Volta said.Īs you’d expect, Uber supports the change from $1 million down to $35,000. In South Carolina, Uber has to cover at least $50,000, but only for uninsured drivers, not underinsured drivers, and does. Now, Uber only has to cover you up to $35,000 (and does). But North Carolina lawmakers changed the law. Uber's Dara Khosrowshahi was surprised when he learned an interviewer paid 50 for a 2.95-mile. If you’re an Uber driver or passenger and someone hits you (causes the wreck), and he/she is uninsured (or underinsured), Uber used to cover you up to $1 million. Reuters The price of an Uber ride can catch you off guard even if you're the company's CEO. Augat 9:04 AM 3 min read Sometimes, regular riders may be shocked by the cost of an Uber ride, but it's not something you'd expect the company's CEO to encounter. Normally, the other driver’s insurance should pay because she’s allegedly at fault.īut McIntosh says she doesn’t have enough coverage. “He’s going to end up needing potentially lifelong care,” Volta said. His lawyer, Joe Volta, says the bills are a challenge too. “I went through all the emotions already. ![]() I feel like I’m out there on a limb,” he said. “I’m trying to roll with the punches and hope that something … better comes out of this situation. MORE ACTION 9: Age-old Publishers Clearing House scam seems to be popping up more McIntosh is home from the hospital, but he told Action 9′s Jason Stoogenke that he’s bedridden and paralyzed from the waist down. Police say a drunk driver hit him at full speed and flipped his car once. He was in northeast Charlotte in June when his life changed. Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference.Michael McIntosh was an Uber driver. I mean, as much fun as that is, I guarantee it's more fun to go out with a friend." Risher also comments on Lyft's competitive cost-saving features on its app, the tough decision to lay off staff, and his time as one of the first Amazon (AMZN) employees working under Jeff Bezos. I think our competition is staying at home, watching Netflix and eating pizza. "I want to focus on our customers, and sometimes what I say is, I don't think our big competition is Uber. make price shopping kind of a waste of time, if i can say it that way," Risher says. ET Lyft, which has struggled financially while trying to compete with its rival, Uber. Risher sits down with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference to discuss Lyft's refocusing on its customers and costs. (UBER) Stock Price, News, Quote & History - Yahoo Finance U. While Lyft and Uber are considered by many to be natural rivals in the ride-share space, Lyft CEO David Risher cites certain post-COVID cultural trends to be detrimental to the overall ride-share and experience industries. Yahoo Finance Video Lyft is becoming more 'customer-focused' for riders, drivers: CEO
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |