CHICAGO - Insurance companies are urging the Illinois General Assembly to override Governor Quinn's veto of the so-called "Uber bill" because as the law stands now, there's a perceived gap in insurance coverage between the time when a ride sharing program's commercial insurance policy is in effect and when their drivers' personal auto policy takes over.
Quinn vetoed two bill affecting the ridesharing programs. One, HB 5331, would have required rideshare dispatchers to “carry commercial liability insurance in the amount of $350,000 combined single limit per accident.”
The other, HB 4075, would have provided that the private passenger auto “insurer of a motor vehicle used in a commercial ridesharing arrangement may deny coverage during the time the vehicle is made available for dispatch or used in a commercial ridesharing arrangement.” It also would have required that commercial rideshare drivers and vehicle owners be made aware of that provision.
According to the Associated Press, the measures’ sponsors are considering possible override votes.
The Illinois Insurance Association and the Property Casualty Insurers Association of America said they are disappointed about the veto of the bills, which they say would have protected consumers by closing the gaps in insurance coverage that leave drivers, passengers and the public vulnerable if an accident occurs.
“PCI is deeply disappointed in this veto because it is vitally important that the vehicles used by commercial ride-sharing services are properly insured and the public is protected,” Jeffrey Junkas, Illinois regional manager for PCI, said in a statement released by the organization. “These bills sought to create a comprehensive, uniform statewide approach to protecting consumers and provided a firm foundation for innovation. They offered clear insurance rules that don’t leave policyholders or accident victims in the lurch because of coverage disputes. They also would have helped to avoid the creation of a confusing and costly patch work of local regulations.”
The "Uber bill" became an issue in the gubernatorial campaign, with Republican Bruce Rauner urging the governor to veto the bill. Quinn ended up agreeing with Rauner, despite the urging of taxi unions and insurance companies, and vetoed the bill, saying it removed local municipality control.
How did your lawmakers vote on HB 4075 and HB 5331?