Sec. 113.0057. INSURABLE INTEREST. (a) Notwithstanding any other law, a peer-to-peer car sharing program has an insurable interest in a shared vehicle during the car sharing period.
(b) Nothing in this section creates a duty on a peer-to-peer car sharing program to maintain the coverage required under this subchapter.
(c) A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of automobile insurance that separately or in combination provide coverage for:
(1) liability assumed by the program under an agreement;
(2) liability of the owner;
(3) damage to or loss of the shared vehicle; or
(4) liability of the driver.
Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Title 5 - Regulation of Businesses and Services
Subtitle C - Business Operations
Chapter 113 - Peer-to-Peer Car Sharing Programs
Subchapter B. Assumption of Liability and Insurance Requirements
Section 113.0051. Assumption of Liability by Peer-to-Peer Car Sharing Program
Section 113.0052. Insurance Required
Section 113.0053. Automobile Insurance Policy Exclusions
Section 113.0054. Claims Related to Peer-to-Peer Car Sharing
Section 113.0055. Vicarious Liability
Section 113.0056. Contribution