|Frey: "The draft ordinance is still being rejiggered, but I think we're at a pretty good place where we can kinda fine-tune it."|
A few weeks ago, the Minnesota Commerce Department issued a warning to folks considering using so-called "transportation network companies" like Lyft or Uber.
"The Commerce Department wants Minnesotans to know that there may be gaps in auto insurance coverage for both the drivers and passengers using TNCs," the department said in a statement
. "There may not be coverage for an accident because most personal auto insurance policies contain exclusions when drivers use their personal cars for a commercial (business) purpose. For example, if you participate in a regular, non-business car pool, you would be covered. If you charge passengers a fee, you may not be covered if you get into an accident."See also:
Jacob Frey on Lyft/Uber regulations: "I think the taxi industry needed some competition"