Nebraska § 60-3409 Insurable interest; coverage by program

Nebraska Statutes

§ 60-3409 — Insurable interest; coverage by program

Nebraska·Ch. 60 Motor Vehicles

(1)A program shall have an insurable interest in a vehicle during the sharing period.

(2)Nothing in this section shall impose liability on a program to maintain the coverage required by section 60-3403 or 60-3404 .

(3)A program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provides coverage for:

(a)Liabilities assumed by the program under an agreement;

(b)Liability of an owner or driver; or

(c)Damage or loss to a vehicle.

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(1) A program shall have an insurable interest in a vehicle during the sharing period.
(2) Nothing in this section shall impose liability on a program to maintain the coverage required by section 60-3403 or 60-3404 .
(3) A program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provides coverage for:
(a) Liabilities assumed by the program under an agreement;
(b) Liability of an owner or driver; or
(c) Damage or loss to a vehicle.

Nebraska § 60-3409 (Insurable interest; coverage by program) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.