Model Act. Peer to Peer Car Sharing.

Who developed a model act for peer to peer car sharing? National Conference of Insurance Legislators

What does the model act cover?

The intersection of state insurance regulation & peer to peer car sharing
Requires coverage for the shared vehicle owner & the shared vehicle driver under a motor vehicle liability insurance policy
Require a peer-to-peer car sharing program 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
Require the peer-to-peer car sharing program to notify the shared vehicle owner if the shared vehicle has a lien against it
Provides exclusions in motor vehicle liability insurance policies to exclude any and all coverage & the duty to defend or indemnify for any claim
Consumer protection disclosure requirements
Driver’s license verification and data retention requirements
Require sole responsibility of the peer-to-peer car sharing program for any equipment, such as a GPS system or other special equipment put in or on the vehicle to monitor or facilitate the car sharing transaction

What is NOT covered in the model act?

Transportation