INSURANCE/AUTOMOBILE: Requires uninsured and underinsured motorist coverage for transportation network company drivers

HB 702 requires transportation network company drivers (like Uber or Lyft drivers) and their companies to maintain auto insurance that includes uninsured and underinsured motorist coverage during all service periods. Specifically, the bill mandates this coverage during the pre-trip acceptance phase and while providing a prearranged ride, at the same bodily injury coverage limits as the policy. It directly affects app-based ride-hailing drivers by ensuring they have this coverage to protect passengers and others if involved in an accident with an underinsured or uninsured driver. The bill amends Louisiana's insurance law (R.S. 45:201.6) to clarify these requirements without changing coverage amounts or costs.