S.2999

Peer-to-Peer Car Sharing Act regulates peer-to-peer car sharing programs in New Jersey, establishing liability, insurance, and consumer protection.

The Peer-to-Peer Car Sharing Act regulates peer-to-peer car sharing programs in New Jersey, establishing liability, insurance, and consumer protection requirements. The act requires peer-to-peer car sharing programs to assume liability for bodily injury or property damage to third parties or uninsured and underinsured motorist or personal injury protection losses during the car sharing period. The act also mandates that peer-to-peer car sharing programs maintain motor vehicle liability insurance for shared vehicles, ensuring coverage during the car sharing period.