What do the laws define? transportation network companies
What elements make up a transportation network company?
- a service
- No vehicle ownership by the service network company
- No employment of drivers
- Relies on software to connect passengers to riders
What requirements are placed on transportation network companies?
- criminal background checks for drivers
- vehicle inspections
- driver training programs
- insurance policies.
- Colorado, the first state to pass laws on ride share requires up to $1 million in liability insurance
WSJ with a pretty graphic on the high compliance level by ride share company, Uber