Industry Issues | Transportation Network Companies

Transportation Network Companies

Vermont Governor Signs Insurance Protections for TNC Drivers, Passengers and the Public
APCIA Successfully Changes the Legislative Landscape across the Nation


Vermont Governor Phil Scott recently signed HB 10, which closes the insurance coverage gaps associated with transportation network companies (TNCs) such as Uber and Lyft. The new law follows the NCOIL model. Now, Oregon is the only state that have not enacted TNC legislation addressing insurance.

(View our state status map)

Across the country, APCIA supported establishing rules that provide clarity regarding what insurance coverage is being provided, when it’s being provided and by whom, as well as appropriate disclosures for drivers and passengers. APCIA also supports innovation that brings new products into the marketplace.

Legislative momentum for these laws was gained in the spring of 2015, when the insurance industry and the TNCs mutually supported model legislation establishing TNC insurance requirements from the time the ridesharing app is turned on until it is turned off. The TNC laws now on the books put an end to consumer confusion regarding insurance coverage, while also allowing for continued marketplace innovation. As new transportation ideas evolve to meet consumers’ needs and demands, insurers are developing new products to cover those ideas and provide peace of mind.

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