Nebraska § 60-3409 Insurable interest; coverage by program

Nebraska Statutes

§ 60-3409 — Insurable interest; coverage by program

Nebraska § 60-3409

Ch. 60Motor Vehicles

This text of Nebraska § 60-3409 (Insurable interest; coverage by program) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 60-3409 (2026).

Text

(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.