Recently, the State of New Jersey enacted the Transportation Network Company Safety and Regulatory Act regulating transportation network companies (TNC), such as Uber and Lyft. The TNC legislation requires TNCs to: (1) pay $25,000 and obtain a permit from the New Jersey Motor Vehicle Commission; (2) appoint an agent for legal service; (3) establish a zero-tolerance policy regarding drug and alcohol use; and (4) pay an annual assessment of $100,000 to support background checks of TNC drivers. See N.J.S.A. 39:5H-1 et seq. The TNC legislation mandates and implements other safeguards designed to protect New Jersey consumers. This board cautions that the TNC legislation, as enacted, allows TNC vehicles to operate without carrying Personal Injury Protection (PIP) insurance covering those injured as passengers in a TNC vehicle.
Overview of PIP Benefits
New Jersey has a comprehensive statutorily prescribed scheme of benefits mandating specific types of insurance coverage for private passenger automobiles in New Jersey. In short, the statutory scheme mandates the speedy payment of various benefits including medical expenses incurred by persons injured in an accident, without regard to fault.
TNC Legislation and Insurance
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