Starting New Year’s Day, ride-hailing companies and taxis, also known as transportation network companies (TNCs), will be required to provide personal insurance protection for drivers and passengers in Oregon.
The bill that requires the new coverage, HB 2393, was introduced last January and signed into law in June.
TNCs are an increasing part of people’s daily lives. In 2019, over 10 million rides were completed in Portland alone. But until now, those Oregonians who’d been in accidents while riding in a car hailed from a taxi or services like Uber had to wait until their cases concluded to collect lost wages or get medical bills paid.