The city’s busy roadways and car-centric commuting infrastructure mean that residents and visitors often depend on vehicles to travel from one point to another. For people who do not want to drive or those without a car, hailing an Uber is a great solution for getting around the city.
Unfortunately, accidents happen, and passengers or other road users are frequently injured in the process. Katy Uber accident settlements are designed to help victims receive the financial compensation they need for their losses. If you would like to know how much you could receive as compensation if you were involved in an Uber crash incident, an Uber/Lyft/rideshare collision attorney from KGS Law PLLC could help.
How Much Could I Receive in an Uber Accident Settlement?
It is not possible to name a specific amount that you could receive in a Katy Uber wreck settlement. However, it is possible to deduce how much may be available from the extent of the insurance coverage the law requires.
Texas’s minimum insurance coverage requirement for all vehicle drivers is $30,000 per person, $60,000 for two or more injured persons, and $25,000 for each property damage incident. These amounts represent the minimum settlement amount available to injured victims of rideshare crashes.
Additionally, although Texas Occupations Code § 2402.114 mandates the rideshare company to hire its drivers as independent contractors—thereby excluding the company from any liability—Uber still provides up to $1 million liability insurance for each driver. This policy typically takes effect once the driver’s auto insurance policy has run out.
In essence, if you suffered injuries or car damage in an accident involving an Uber, you may be able to access up to $1 million in compensation. A seasoned rideshare attorney who is familiar with these cases could provide more clarity and help you explore your options.
Key Considerations Before Accepting a Settlement
After a car crash involving an Uber driver, insurance firms may approach injured passengers or victims with an offer. It would be unwise to accept such a settlement offer before consulting with a Katy attorney who is familiar with Uber collision compensation claims.
Your lawyer could consider the following before approving any offer:
- The severity and possible long-term effects of your injuries
- The driver’s status at the time of the wreck and its insurance implications
- The number of liable parties, as there may be other at-fault parties apart from the driver
- The extent of any property damage, including whether your vehicle needs to be repaired or replaced
- The statute of limitations, which is two years from the date of the crash or discovery of injury, according to Texas Civil Practice and Remedies Code § 16.003
After evaluating these aspects, your Uber auto crash lawyer could determine a fair and reasonable settlement amount that is commensurate with the financial relief that you require.
Contact a Katy Uber Wreck Lawyer To Discuss a Potential Settlement
Depending on the circumstances, Uber accident settlement claims can be complex and lengthy. Without the right legal help, insurance companies could convince or pressure you to accept lowball offers. Worse, if there are mistakes in your filing procedures, insurers might deny your claim altogether.
However, with the help of an experienced lawyer at KGS Law PLLC, you could focus on recovery while we fight for your interests, protect your rights, and pursue substantial compensation to cover all your losses. Contact us today to discuss Katy Uber accident settlements.