What Is the Average Lyft Accident Settlement Amount in Florida?

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What Is the Average Lyft Accident Settlement Amount in Florida? - Rideshare

What Is the Average Lyft Accident Settlement Amount in Florida?

The average amount of a Lyft accident settlement in Florida varies depending on multiple factors. If you or your loved one has been involved in such an accident, you may be entitled to compensation. Here's everything you need to know about Lyft settlement amounts in Florida. 

When involved in an accident caused by a Lyft driver, you may be entitled to up to $1 million as compensation. Most plaintiffs receive anywhere between $500000 to $1 million. However, the exact amount varies depending on the circumstances surrounding the accident. 

Who Should Be Held Responsible for a Lyft Accident? 

Generally, Lyft passengers are considered innocent bystanders to the accident. On the other hand, Lyft drivers are regarded as common carriers. For this reason, they owe their passengers a duty of care, just like other drivers of commercial vehicles. 

In Florida, rideshare drivers are required to have personal auto insurance given that there are times when they will be driving while logged out from the Lyft app. In that case, even if the driver works for Lyft, you may not be able to file a claim against the company's insurer because the driver was not logged in to the app when the accident occurred. Instead, you'll need to file a claim against the driver's personal auto insurance provider. 

Most Florida drivers are required to have at least $10,000 worth of personal injury protection (PIP) coverage and an additional $10,000 for property damage liability. 

PIP coverage takes care of medical expenses that arise from an auto accident. On the other hand, property damage liability coverage covers property damages caused by the accident. 

Florida laws require rideshare drivers to carry higher insurance policies, given that they drive commercial vehicles. This also explains why compensation for Lyft accidents is way higher than those covered by personal auto insurance.

Auto insurance laws in Florida also cater to different scenarios involving Lyft drivers or other rideshare companies in general. This is done to ensure that every situation is covered by at least one policy, given that accidents can be unpredictable.

Here's an example of an unexpected accident involving a Lyft driver and a passenger. 

Suppose a Lyft driver causes an accident when their rideshare app is on but not assigned to any passenger. In that case, Lyft may still be required to provide compensation for the injury under Florida laws. 

The compensation may cover the following damages: 

Bodily Injuries

Lyft may be required to pay up to $50,000 per person as compensation for bodily injuries caused by their driver or $100,000 per accident. 

Property Damage

Lyft may pay up to $25,000 as compensation for property damage caused by their negligent driver. 

Remember, the coverage explained above applies only when the Lyft app is on, but no passenger is assigned to the driver just yet.

Now let's discuss a scenario where the app is on and assigned to a passenger. 

When a Lyft driver causes an accident when the app is on and assigned to a passenger, the spectrum of compensation changes completely. In that case, the third-party liability insurance coverage takes full effect, meaning you may be eligible for up to $1 million as compensation for bodily injuries or property damage caused by the accident. 

How Much Is My Lift Accident Worth?

The best way to find out how much your Lyft accident is worth is by consulting a Morgan & Morgan car accident attorney.

Here's an overview of what such a case could be worth if you or your loved one has been involved in a Lyft accident. 

Two main factors determine the amount of compensation you may be entitled to after such an accident. The first one is the extent of your injuries. 

Generally, the more severe the injury, the higher the settlement amount. This is because you may be eligible for compensation for:

  • loss of income;
  • loss of earning capacity;
  • doctors visits;
  • vehicle repair or replacement;
  • counseling and therapy;
  • prescription medications;
  • ambulance costs;
  • medical expenses, and;
  • pain and suffering;

Although rare, the court may award you punitive damages if it has been established that the Lyft driver's behavior was extremely reckless. Punitive damages are usually awarded as a punishment and a lesson to other individuals or entities. 

As mentioned earlier, the driver's activity at the time of the accident is the second factor that determines the amount of compensation you may be eligible for.  

Lyft Accident Caused by an Uninsured or Underinsured Motorist

If you are a Lyft driver or passenger involved in an accident, a car accident attorney will consider multiple factors to determine the amount of compensation you need and deserve. For instance, if the lift driver was driving you to your destination, the Lyft application is expected to be on. This means that you may be eligible for compensation under Lyft's liability insurance policy, which goes up to $1 million. 

There is also another scenario worth considering. 

If the Lyft driver was not at fault for the accident, you might need to file a claim against the other driver's insurance company. However, if the at-fault driver does not have insurance or their insurance coverage limit is not enough to compensate you for damages suffered from the accident, you may file a claim against Lyft. 

But, you shouldn't expect such a claim to be approved instantly by Lyft's insurance provider. This is because of Florida's complex legal processes and definitions regarding rideshare car accidents. You need to contact an experienced car accident attorney from Morgan & Morgan for best results. 

Speaking of contacting a Florida car accident attorney, you must understand the steps to take after such an accident, as explained below.

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