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The Ride-Sharing Revolution: Will Over-Regulation Limit Innovation?

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What the User Sees

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What the Driver Sees

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Transparency in Transactions

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Drivers and Riders Love it – in 160 Cities

Median wage for an UberX driver working at least 40 hours a week in New York City

is $90,766 -Washington Post

Uber can deliver a ride to 43 percent of Americans

within five minutes. -

Washington Post

“[The Driver] picked me up

from my apartment, took

me to the emergency

room, parked her car and

came in with me –Lindsey (rider)When it comes to exam

season, I can be in the library not the driver’s

seat for as long as I need – and when the stress is over, I’ll be

back on the road. Other jobs just don’t give you this kind of freedom. –

Jamal (engineering student/driver)

Lyft drivers in Dallas

working 40 hours can expect to earn $800

per week -Lyft

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Taxi Industry Complaints

“It’s just not fair. I had to buy a taxi medallion.”

“Some of the drivers have bad driving records.”

“Those drivers don’t know the neighborhoods and best routes”

“They don’t have adequate insurance to cover an accident.”

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Taxi Regulators ReactMiami Only state-licensed vehicles may give rides

for a fee, and law restricts number of limousine and taxi medallions

Officers issued 77 citations and seized 9 vehicles

Las Vegas Transportation Authority set to impound unlicensed vehicles

$10K fine &vehicle impounded, pending $20K bond

Cambridge, MA New ordinance - $50 minimum for non-taxi rides

Washington, DC

Only city-licensed vehicles may give rides for a fee

Impounded cars and fined drivers

Virginia Fines and Cease-and-Desist orders for drivers not “licensed”

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Correcting Competitors’ Misunderstandings

Not fair? Taxi Commissioners have a state-granted monopoly and their mission is to protect income of taxi drivers

Dangerous drivers? Background checks and in-person interviews before anyone can drive for Lyft or Uber

Driver ratings and Zero tolerance policy

Ignorance of neighborhoods?

Map and traffic apps help drivers find the best possible route

Inadequate insurance? Drivers carry personal insurance, and services provide extra coverage when app is on

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Insurance CoverageDriver App is

OffDriver App is On Accept Request and

Provide the Ride

Driver’s personal policy

Driver’s personal policy (unless activity is excluded)

Driver’s personal policy (unless activity is excluded)

TNC: Contingent Liability of $50/100K

TNC: Primary Liability of $1 million

TNC Contingent Collision and Comprehensive

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Colorado LawServices must obtain permits

TNCs like Lyft and Uber obtain state permits – not each driver

Safe drivers Driver background checks every 5 yearsAnnual vehicle inspections

Insurance Driver or TNC must have $50/100K liability coverage when the App is On

Driver or TNC must have $1 million liability coverage during pre-arranged rides (2x the taxi requirement)

Limitations Driver can not accept “street hails”

Rider transparency requirements

After each ride, tell the rider:Point of origin and destinationTime and distanceTotal fareDriver's first name and phone number

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DC and Virginia Respond

Washington, DC Taxi Cab Commission reversed its prior decision

Now allows Lyft and Uber without requiring licenses

Virginia Adjusting old authorities for taxis & livery into two new categories, including one for technology-based services

Allowed Lyft and Uber to apply for licenses

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Principles for your States and Citizens• Creativity: new regulations for a new idea

• Parity and facts for insurance requirements

• Consistency across your state

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New Services!