Legal Question in Insurance Law in California

Two taxi drivers lease taxi from an owner (day shift/night shift). Taxi is involved in accident that is totally fault of other insured vehicle. Taxi is rendered inoperable. No injuries to taxi driver or his passengers. Owner of vehicle will seek compensation for his lost lease income. Question: Are the drivers (leaseholders) who lease the taxi also entitled to compensation for their lost income due to the cab being inoperable?


Asked on 1/12/14, 9:35 am

2 Answers from Attorneys

Yes. Proof of the amount will be an issue though.

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Answered on 1/12/14, 11:38 am
Robert Worth Robert J. Worth , Professional Law Corporation

It sounds like you are in a business partnership with this cab, so the lost income (profits would be a joint loss shared by the taxicab's joint leaseholders/partners based upon proof of of prior income generated and thereafter lost (due to the accident caused by the negligent driver. I hope this helps. Bob Worth

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Answered on 1/12/14, 1:11 pm


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