Everyone knew this was coming. Ride-hail services such as Lyft and Uber had it too easy before. The government had yet to do anything about the ride-share services but once they saw an opportunity, they pounced. New York Mayor, Bill de Blasio is signing a bill into effect Tuesday, August 21st. This bill will ban the sale of commercial licenses for cars for one year. The only cars that will be able to receive a specialized license are those who transport the handicapped.
The Mayor states that the reason for the new regulations is so that it is possible to study the ride-share programs. Limiting the licenses will make the process easier and more accurate. Thus, most people are not overly upset with the change; especially because it also comes with a minimum wage increase. The reason this is such an issue is that the timing is rushed, and it is causing a panic among ride-hail drivers.
Many of these drivers claim to have had to purchase a vehicle, in lieu of renting cars, to comply. People can still rent cars that already have commercial vehicle insurance and license, they must pay for the rental. Therefore, many people are trying to switch to their own vehicles before the Tuesday deadline approaches.
To fulfill with the changes, drivers must obtain commercial insurance and a special license plate. To accommodate the expected crowd, the store pulled people from New Jersey and Philadelphia to help. The store even opened an hour early but both Sunday and Monday had doors stretching around the corner. Drivers hoping to make it in the eclipsing timeframe waited an average of two to three hours. Some had to wait longer. Unfortunately, people have also been turned away, because they were not far along enough in the process. These people still had to wait in the horrific lines.
Currently, this is all happening in New York. However, these changes make Californians wonder if this is a trend that will travel across the country. There is no indication of such a change presently, but that does not mean people should not prepare. Mercury Insurance has all your commercial vehicle insurance needs available at low rates.
Peninsula General Commercial is committed to making our website's content accessible and user friendly to everyone. We comply with all the recommendations in WCAG2.0 the Web Content Accessibility Guidelines Compatibility Standard by the World Wide Web Consortium (W3C). If you are having difficulty viewing or navigating the content on this website, or notice any content, feature, or functionality that you believe is not fully accessible to people with disabilities, please call us at (877) 539-2533 or email our team from our Contact page with “Disabled Access” in the subject line. We take your feedback seriously and will consider it as we evaluate ways to accommodate all of our customers and our overall accessibility policies. Additionally, while we do not control our business partners, we strongly encourage all our third-parties to provide digital content that is accessible and user-friendly.