Delaware § 8609 Insurable interest

Delaware Statutes

§ 8609 — Insurable interest

Delaware·Title 21·Part Miscellaneous·Ch. 86 Peer-to-Peer Car Sharing Program Act

(a)Notwithstanding any other law, statute, rule, or regulation to the contrary, a peer-to-peer car sharing program shall have an insurable interest in a shared vehicle during the car sharing period.

(b)Nothing in this section creates liability on a peer-to-peer car sharing program to maintain the coverage mandated by § 8603 of this title.

(c)A peer-to-peer car sharing program may own and maintain as the named insured 1 or more policies of motor vehicle liability insurance that provides coverage for any of the following:

(1)Liabilities assumed by the peer-to-peer car sharing program under a peer-to-peer car sharing program agreement.

(2)Any liability of the shared vehicle owner.

(3)Damage or loss to the shared motor vehicle.

(4)Any liability of the shared vehicle driver.

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(a) Notwithstanding any other law, statute, rule, or regulation to the contrary, a peer-to-peer car sharing program shall have an insurable interest in a shared vehicle during the car sharing period.

(b) Nothing in this section creates liability on a peer-to-peer car sharing program to maintain the coverage mandated by § 8603 of this title.

(c) A peer-to-peer car sharing program may own and maintain as the named insured 1 or more policies of motor vehicle liability insurance that provides coverage for any of the following:

(1) Liabilities assumed by the peer-to-peer car sharing program under a peer-to-peer car sharing program agreement.

(2) Any liability of the shared vehicle owner.

(3) Damage or loss to the shared motor vehicle.

(4) Any liability of the shared vehicle driver.

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