Requires peer-to-peer car sharing programs provide insurance coverage in amounts equal to the financial responsibility requirements set forth in section three hundred eleven of the vehicle and traffic law; removes requirements relating to requiring additional insurance coverage.
Provides that a rental vehicle company or peer-to-peer car sharing program administrator may act as an agent for an authorized insurer with respect to accident and health insurance that provides coverage to shared vehicle owners, shared vehicle drivers, or a combination thereof, and any other coverage that the superintendent of financial services may approve as meaningful and appropriate in connection with the sharing of a shared vehicle.
Provides that a rental vehicle company or peer-to-peer car sharing program administrator may act as an agent for an authorized insurer with respect to accident and health insurance that provides coverage to shared vehicle owners, shared vehicle drivers, or a combination thereof, and any other coverage that the superintendent of financial services may approve as meaningful and appropriate in connection with the sharing of a shared vehicle.
Relative to mandatory minimum insurance coverage requirements for motor vehicles.
Requires peer-to-peer car sharing programs to maintain physical damage coverage for shared vehicles during the car sharing period
Requires rental vehicle companies provide for additional liability insurance on rental vehicles and have such insurance be primary during each rental period.
Requires rental vehicle companies provide for additional liability insurance on rental vehicles and have such insurance be primary during each rental period.
Peer-to-Peer Car Sharing Program act; requirements for the operation of peer-to-peer car sharing programs, provided
To Amend The Law Concerning Surplus Lines Insurance; And To Clarify That Surplus Lines Insurance Is Acceptable Coverage For Financial Responsibility Of Motor Vehicle Insurance Coverage.
Relates to financial responsibility requirements for transportation network companies in relation to uninsured motorists coverage.