In New York City, all taxi cabs are required by law to carry $100,000/$300,000 in liability insurance. This means that if the driver causes another person injury, that person can claim up to $100,000 in compensation, and a total claim by all of the injured parties has a limit of $300,000.
Unlicensed cabs do not carry this much. Liability insurance can be used to cover a wide range of costs, some non-economic (such as pain and suffering). In addition to liability insurance, New York City taxis must also carry $50,000 of no-fault coverage to cover financial costs associated with injuries. To recover fair compensation from an insurance company, it is important to have the help of powerful and talented personal injury lawyer.
At the Law Offices of Justin D. Brandel, we are committed to seeking the maximum in compensation for people hit by taxi drivers. Contact us to schedule an appointment to review your case.