The sharing economy has grown exponentially in a short period of time. Ride-hailing platforms like Uber and Lyft, and car-sharing platforms like Turo, control a significant part of the sharing economy space.
Along with this rapid growth came insurance programs for ride-hailing and car-sharing platforms, as well as a surge of claims and lawsuits against them, their users, and their insurers.
When accidents occur, ride-hailing and car-sharing claims are complicated and require a detailed understanding of the platform and applicable insurance policy, as well as a nuanced defense strategy.
For example, ride-hailing policies have their own vocabulary-such as numbered periods-that generally control the available insurance coverage.
