Bill Regulating Uber Insurance Killed
The measure would have set insurance standards for drivers of transportation network companies such as Uber and Lyft.
A measure that would have required drivers working for transportation network companies such as Uber and Lyft to carry a certain level of insurance was killed by the House Consumer Protection and Commerce Committee on Wednesday.
 would have also authorized counties to further regulate the companies.
The bill would have required each company driver to carry primary liability coverage — to be in effect while traveling to pick up customers and during the period of transporting them — of no less than $100,000 per person, with an aggregate limit of $200,000 per accident, and coverage of no less than $50,000 for property damage.
The companies would also have been required to maintain their GPS and electronic records of activity for at least five years from the date of each trip made, for purposes of insuring proper insurance coverage.
Uber already has a $1 million liability coverage per incident.
Last year a similar bill was proposed but not not passed.
The bill stated that as of Jan. 1, Ìý³ó²¹»åÌýenacted regulations for transportation network companies.
