Connecticut § 13b-127g Peer-to-peer car sharing company insurable interest.

Connecticut Statutes

§ 13b-127g — Peer-to-peer car sharing company insurable interest.

Connecticut·Title 13b Transportation·Ch. 244d Peer-to-Peer Car Sharing

(a)A peer-to-peer car sharing company shall have an insurable interest in a shared vehicle during the car sharing period. Nothing in this subsection shall create liability for a peer-to-peer car sharing company for failure to maintain the insurance coverage required pursuant to section 13b-127a.

(b)A peer-to-peer car sharing company may own and maintain, as the named insured, one or more policies of automobile liability insurance that provides coverage for:

(1)Liability assumed by the peer-to-peer car sharing company under a car sharing agreement;

(2)any liability of the shared vehicle owner;

(3)damage or loss to the shared vehicle; or (4) any liability of the shared vehicle driver.

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(a) A peer-to-peer car sharing company shall have an insurable interest in a shared vehicle during the car sharing period. Nothing in this subsection shall create liability for a peer-to-peer car sharing company for failure to maintain the insurance coverage required pursuant to section 13b-127a. (b) A peer-to-peer car sharing company may own and maintain, as the named insured, one or more policies of automobile liability insurance that provides coverage for: (1) Liability assumed by the peer-to-peer car sharing company under a car sharing agreement; (2) any liability of the shared vehicle owner; (3) damage or loss to the shared vehicle; or (4) any liability of the shared vehicle driver.

Connecticut § 13b-127g (Peer-to-peer car sharing company insurable interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.