Allows rental vehicle companies and peer-to-peer car sharing programs to act as agents for insurers providing accident and health insurance to.
This bill amends the insurance law to allow rental vehicle companies and peer-to-peer car sharing program administrators to act as agents for authorized insurers. It specifies that these agents can offer accident and health insurance to shared vehicle owners and drivers, as well as any other coverage approved by the superintendent of financial services. The insurance can cover accidental death, dismemberment, and medical expenses resulting from accidents during the rental period or sharing period.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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