Peer-to-peer car sharing program requirements and insurance, notification, tax, recordkeeping, liability, and consumer protection disclosure.

The Peer-to-Peer Car Sharing Program Act establishes requirements for peer-to-peer car sharing programs, which connect vehicle owners with drivers for financial consideration. The act mandates insurance coverage for shared vehicles, including bodily injury and property damage, during the car sharing period. It requires programs to notify vehicle owners of potential lien violations and collect records on shared vehicle use. Programs must also ensure vehicle owners and drivers have motor vehicle liability insurance and provide certain disclosures in their agreements.

Peer-to-peer car sharing program requirements and insurance, notification, tax, recordkeeping, liability, and consumer protection disclosure.

The Peer-to-Peer Car Sharing Program Act establishes requirements for peer-to-peer car sharing programs, which connect vehicle owners with drivers for financial consideration. The act mandates insurance coverage for shared vehicles, including bodily injury and property damage, during the car sharing period. It requires programs to notify vehicle owners of potential lien violations and collect records on shared vehicle use. Programs must also ensure vehicle owners and drivers have motor vehicle liability insurance and provide certain disclosures in their agreements.