Burbank Uber Accident Settlements

Whether or not you should accept a settlement from a car accident is an important decision. Since you are giving up the right to continue your legal claim if you accept, you should ensure the settlement provides adequate compensation for damages.

When a collision involves a rideshare driver, you may have a difficult time determining who is legally responsible for your injuries. You should talk to an attorney immediately when making decisions about Burbank Uber accident settlements.

Minimum Insurance Requirements of Rideshare Companies

Settlements for Uber accidents in Burbank can happen before or after a claim goes to trial. Before any lawsuit is filed, a rideshare accident victim’s first resort in recovering compensation is filing a claim with the responsible party’s insurer.

All drivers within the state are required to obtain a personal auto insurance policy with a certain dollar threshold. However, many personal insurance policies do not allow drivers to use their vehicles for commercial purposes. To ensure that accident victims are adequately compensated, the state has imposed mandatory insurance thresholds for rideshare companies.

The required minimum insurance for rideshare companies such as Uber depends on the stage of the ride. When the driver has logged into the app but has not yet picked up a passenger, the minimum insurance is:

• $50,000 per person for bodily injury or death
• $100,000 for bodily injury or death per accident
• $30,000 for property damage
• $200,000 in excess coverage

Once the Uber driver accepts a ride, the minimum limit increases to $1 million in commercial insurance coverage. Additionally, Uber must provide $1 million in uninsured motorist coverage when a passenger is in the car.

Damages Available in Uber Accident Settlements

Victims of Uber accidents in Burbank may be able to pursue a variety of damages in a settlement. These could include economic damages to cover out-of-pocket losses and noneconomic damages to compensate for immeasurable harm.

Examples of out-of-pocket expenses include:

• Property damage
• Medical bills
• Physical or occupational therapy costs
• Lost wages
• Lost future economic opportunities

Non-economic damages can compensate victims for:

• Pain and suffering
• Emotional distress
• Mental anguish
• Loss of consortium or companionship with a spouse or domestic partner
• Permanent disability or disfigurement
• Decreased quality of life

Accident victims could also recover punitive damages, which are intended to punish a defendant for willful, intentional, or extremely reckless negligent conduct.

Reasons to Hire an Attorney When Negotiating Settlements

Regardless of how strong the evidence is in a legal claim, hiring a Burbank attorney to negotiate an Uber accident settlement could help ensure that the injured parties receive the maximum possible compensation.

Consulting with a knowledgeable attorney may help a victim understand all of the potential damages available from their legal claim. An attorney may also assist with obtaining the necessary evidence to prove damages, such as police reports, accident scene analysis, and medical records.

Additionally, a lawyer could help coordinate expert witness reports and testimony. If settlement negotiations fall through, an attorney could fight hard in court on the injured victim’s behalf.

Speak With a Burbank Lawyer When Considering Uber Accident Settlements

If you are in the process of pursuing compensation from your rideshare accident, one of our knowledgeable attorneys could represent you in a Burbank Uber accident settlement. Without an experienced lawyer, you might only receive minimal compensation.

A seasoned attorney could also protect your legal rights, preventing insurance companies or opposing parties from taking advantage of you during a settlement. Please contact our law firm as soon as possible to discuss your claim.