> The same applies almost everywhere in the US and not just to taxis - if you ca... | Hacker News

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agiamas on Sept 13, 2014 | parent | context | favorite | on: California deems carpooling via all ride-share ser...

> The same applies almost everywhere in the US and not just to taxis - if you can pay a cash bond at the DMV, you can ride without insurance.

Exactly. And that's amazing. I don't want to pay any insurance, I can self-insure and pay with my own bond if I'm caught into an accident.

pmorici on Sept 14, 2014 [–]

Yup, the difference between a taxi and an individual though is the taxi company will create an individual llc for each taxi so if a given taxi is in a bad accident they will just bankrupt that llc and try to skip out on paying anything.

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