Georgia § 40-1-227 Insurable interests

Georgia Statutes

§ 40-1-227 — Insurable interests

Georgia § 40-1-227

Title40

This text of Georgia § 40-1-227 (Insurable interests) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 40-1-227 (2026).

Text

(a)Notwithstanding any other provision of law, a peer-to-peer car-sharing program shall have an insurable interest in a shared vehicle during the car-sharing period.

(b)Except as provided in Code Section 40-1-226 , nothing in this part creates a liability on a peer-to-peer car-sharing program to maintain the coverage mandated by this part.

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

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

(2)Any liability of the shared vehicle owner;

(3)Damage or loss to the shared motor vehicle; or (4) Any liability of the shared vehicle driver.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Notwithstanding any other provision of law, a peer-to-peer car-sharing program shall have an insurable interest in a shared vehicle during the car-sharing period. (b) Except as provided in Code Section 40-1-226 , nothing in this part creates a liability on a peer-to-peer car-sharing program to maintain the coverage mandated by this part. (c) A peer-to-peer car-sharing program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provides coverage for: (1) Liabilities assumed by the peer-to-peer car-sharing program under a car-sharing program agreement; (2) Any liability of the shared vehicle owner; (3) Damage or loss to the shared motor vehicle; or (4) Any liability of the shared vehicle driver.