California AB2361 amends insurance regulations for personal vehicle sharing programs.

California AB2361 amends the Insurance Code to clarify the responsibilities and liabilities of personal vehicle sharing programs. These programs must ensure vehicles are insured for specified amounts and maintain records of vehicle use. The bill also outlines the conditions under which a vehicle remains classified as a private passenger vehicle and not a commercial one. It further defines the liability of personal vehicle sharing programs and vehicle owners in case of accidents or injuries.

California AB2361 amends insurance regulations for personal vehicle sharing programs.

California AB2361 amends the Insurance Code to clarify the responsibilities and liabilities of personal vehicle sharing programs. These programs must ensure vehicles are insured for specified amounts and maintain records of vehicle use. The bill also outlines the conditions under which a vehicle remains classified as a private passenger vehicle and not a commercial one. It further defines the liability of personal vehicle sharing programs and vehicle owners in case of accidents or injuries.