Requires peer-to-peer car sharing programs provide insurance coverage in amounts equal to the financial responsibility requirements set forth in.

New York A06576 amends the general business law and the insurance law to require peer-to-peer car sharing programs to provide insurance coverage equal to the financial responsibility requirements set forth in section three hundred eleven of the vehicle and traffic law. It removes requirements for additional insurance coverage. The bill mandates that peer-to-peer car sharing program administrators maintain insurance that provides financial responsibility coverage during each car sharing period.

Requires peer-to-peer car sharing programs provide insurance coverage in amounts equal to the financial responsibility requirements set forth in.

New York A06576 amends the general business law and the insurance law to require peer-to-peer car sharing programs to provide insurance coverage equal to the financial responsibility requirements set forth in section three hundred eleven of the vehicle and traffic law. It removes requirements for additional insurance coverage. The bill mandates that peer-to-peer car sharing program administrators maintain insurance that provides financial responsibility coverage during each car sharing period.