36th State Passes Statewide Ride Share Regs. 4 Key Points.

The 36th state to pass statewide ride share regulations: New Jersey

The statewide ride share regulations in New Jersey:

insurance coverage standards of $1.5 million in commercial insurance per ride
mandatory background checks by the ride share company with disclosures and approval by to the state attorney general
To balance the needs of the limoisine industry it cut insurance requirements when no passanger is present and expempting rides from the sales tax
$25,000 permit fee for companies

Transportation