Transportation network companies: insurance coverage.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Chaptered
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill lowers the minimum insurance coverage requirements for transportation network companies (TNCs) and their drivers in California. Specifically, it reduces the required coverage amount for uninsured and underinsured motorist claims from $1,000,000 to $60,000 per person and $300,000 per incident. The bill also shifts responsibility for maintaining uninsured motorist coverage to the TNCs themselves and requires the Public Utilities Commission and Department of Insurance to study the impact of these changes. Furthermore, it mandates the inclusion of specific accident data in the commission’s annual report to the legislature.
Key provisions
- Reduces minimum uninsured motorist coverage to $60,000 per person and $300,000 per incident.
- Requires transportation network companies to maintain uninsured motorist and underinsured motorist coverage.
- Mandates a study by the Public Utilities Commission and Department of Insurance on the impact of the new coverage requirements.
- Requires the commission to include specific accident data in its annual report to the legislature.
- Specifies data to be included in the annual report, such as average accident rates and claim amounts.
- Requires the report submitted on February 1, 2026, to include information on automobile accidents and uninsured motorist claims.
- Requires the report submitted on February 1, 2027, to include the average transportation network company rider fare.
- Makes the provisions contingent on the enactment of AB 1340 of the 2025-26 Regular Session.
Bill text
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