Industry Issues | Transportation Network Companies

Transportation Network Companies

PCI Urges Virginia to Close the Insurance Gaps for Property TNC Drivers

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The Virginia Legislature is currently debating legislation (SB 1364 and HB 2026) that would allow transportation network company (TNC) drivers to deliver packages without being subject to the same consumer protections and rules that apply for TNC drivers transporting passengers. PCI is urging that these bills be amended to make sure TNC delivery drivers have insurance protection during all phases of a trip, from when a driver logs onto the application to secure a delivery to when delivery of the property has been completed.

We support innovation and bringing more delivery options to Virginia residents. However, Virginia drivers should not be exposed to the potential of having to bear the burden of TNC related insurance costs. Virginia residents can contact their lawmakers to express their concerns about this legislation and ensuring that consumers are protected.

Addressing Transportation Network Company Insurance Gaps Remains a Priority

With the majority of states (43) already taking steps to address transportation network company (TNC) insurance coverage gaps associated with transporting passengers, PCI is focusing attention on the remaining states of Alaska, Connecticut, Florida, New Jersey, New York, Oregon, Vermont and Wyoming during 2017.

(View our state status map)

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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