Nevada Revised Statutes
Chapter 482C - Peer-to-Peer Car Sharing Programs
NRS 482C.285 - Program has insurable interest in shared vehicle; program may own or maintain insurance providing certain coverage.

1. Notwithstanding any other provision of law, a peer-to-peer car sharing program shall be deemed to have an insurable interest in a shared vehicle during the car sharing period.
2. A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provide coverage for:
(a) Liabilities assumed by the peer-to-peer car sharing program under a peer-to-peer car sharing program agreement;
(b) Any liability of a shared vehicle owner;
(c) Any liability of a shared vehicle driver; or
(d) Damage or loss to a shared motor vehicle.
3. Nothing in this section shall be construed to require a peer-to-peer car sharing program to obtain or maintain the motor vehicle liability insurance policy necessary to satisfy the requirements of subsection 4 of NRS 482C.255 or to impose any liability on the peer-to-peer car sharing program which does not obtain or maintain such a policy.
(Added to NRS by 2021, 1848)

Structure Nevada Revised Statutes