Sec. 113.0058. INSURANCE REQUIREMENTS. (a) An insurance policy providing coverage described by Section 113.0057(c)(2) or (4) must expressly provide liability coverage, without prior notice to the insurer, for all shared vehicles during the car sharing period, subject to any conditions or exclusions permitted by this chapter.
(b) An insurer authorized to engage in the business of insurance in this state or an eligible surplus lines insurer may issue an insurance policy described by Section 113.0057(c).
(c) A peer-to-peer car sharing program is not required to itemize or charge the owner or driver the amount payable as premium under a policy described by Section 113.0057(c) that is allocable to coverage provided to the owner or driver if:
(1) for the owner, the coverage is included without an additional or itemized charge in the fee charged by the program for the applicable car share reservation; or
(2) for the driver, the coverage is included without an additional or itemized charge in the cost of the reservation of the shared vehicle.
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