§ 27-8.3-10. Insurable interest. [Effective April 1, 2023.]
(a) Notwithstanding any other law, statute, rule, or regulation to the contrary, a peer-to-peer car sharing program shall have an insurable interest in a shared vehicle during the car sharing period.
(b) Nothing in this section creates liability on a peer-to-peer car sharing program to maintain the coverage mandated by § 27-8.3-4.
(c) 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 provides coverage for:
(1) Liabilities assumed by the peer-to-peer car sharing program under a peer-to-peer car sharing program agreement;
(2) Any liability of the shared vehicle owner; or
(3) Damage or loss to the shared motor vehicle; or any liability of the shared vehicle driver.
History of Section.P.L. 2022, ch. 427, § 1, effective April 1, 2023; P.L. 2022, ch. 428, § 1, effective April 1, 2023.
Structure Rhode Island General Laws
Chapter 27-8.3 - Peer-To-Peer Car Sharing Program [Effective April 1, 2023.]
Section 27-8.3-1. - Short title. [Effective April 1, 2023.]
Section 27-8.3-2. - Applicability. [Effective April 1, 2023.]
Section 27-8.3-3. - Definitions. [Effective April 1, 2023.]
Section 27-8.3-4. - Insurance coverage during car sharing period. [Effective April 1, 2023.]
Section 27-8.3-5. - Notification of implications of lien. [Effective April 1, 2023.]
Section 27-8.3-7. - Recordkeeping — Use of vehicle in car sharing. [Effective April 1, 2023.]
Section 27-8.3-8. - Exemptions. [Effective April 1, 2023.]
Section 27-8.3-9. - Contribution against indemnification. [Effective April 1, 2023.]
Section 27-8.3-10. - Insurable interest. [Effective April 1, 2023.]
Section 27-8.3-11. - Consumer protections disclosures. [Effective April 1, 2023.]
Section 27-8.3-12. - Driver’s license verification and data retention. [Effective April 1, 2023.]
Section 27-8.3-13. - Responsibility for equipment. [Effective April 1, 2023.]
Section 27-8.3-14. - Automobile safety recalls. [Effective April 1, 2023.]