Cab drivers must carry corporate insurance. However, their coverage limits on the insurance policies only need to meet the state minimum insurance requirements under Georgia law.
The minimum insurance requirements in Georgia are:
- Bodily injury liability insurance: $25,000 per person
- Bodily injury liability insurance: $50,000 per accident
- Property damage liability insurance: $25,000 per accident
It’s a general misconception that the law requires cab drivers to have more insurance coverage on their policy. However, this isn’t true. However, this is not the case. Not only is it not the case, but the existing legal landscape in Georgia presents numerous hurdles for those injured in a taxicab accident, whether they are a passenger in a taxicab or another driver involved in the accident.
