Let’s face it, most Uber and Lyft drivers are not out there driving for the life experience. They are not hobbyists. They are driving to make money. Some drivers do it part time while others try to make a full time living from driving for Uber or Lyft. Our Miami Uber accident lawyers hear the stories from our clients who drive and were injured in a car accident. One thing is absolutely clear, driving for Uber or Lyft is not an easy way to make a living.
Let’s consider the economics of driving for Uber and Lyft. The first thing to know is that these companies take money off the top of every ride in terms of fees and percentages of the total ride. Lyft provides the option of giving a tip while Uber does not. In general, drivers can expect to lose 20-25% of every ride fee to the company. Many drivers will only look at their weekly take home and subtract the amount of gas money they spent to figure out if they had a good week. But if we dig a little deeper, that profit margin shrinks even further.
A proper analysis of an Uber driver’s profitability should include the cost of wear and tear on the vehicle; depreciation of the vehicle’s value; and the cost of insurance. The issue of insurance is even more complex than it might initially appear.
Miami Personal Injury Attorney Blog



If you have a personal injury lawsuit in Miami, sooner or later you will likely end up in mediation. So what is mediation? It really doesn’t involve deep measured breaths, closing your eyes and focusing inward (although that might help during an actual personal injury mediation). 