Why You Should Seek an Uber or Lyft Accident Lawyer in 2021
It may come as a surprise to many, but the rate of traffic fatalities in the United States since the advent of the rideshare industry has statistically gone up.
A study performed at Chicago Booth found that vehicular fatalities and fatal accidents increased approximately 3 percent with arrival of Uber and Lyft. Entitled “The Cost of Convenience: Ridesharing and Traffic Fatalities,” by John Barrios, Assistant Professor of Accounting, University of Chicago Booth School of Business, this revealing report is one of the rare studies in economic academia that has analyzed the significant increase in car accidents as a result of the proliferation of rideshare companies. The study looked at highly populated metropolitan cities in the US, including Boston, Chicago, Los Angeles, Miami, New York, Philadelphia, San Francisco, Seattle, and Washington, D.C, gathered quantitative data concerning auto accidents and compared that data in date ranges correlating with the usage of Uber and Lyft.
You can find the 2019 report here. The study’s takeaway summarized as follows: