Current through the 2024 Fourth Special Session
Section 13-48a-303 - Certain abilities of insurance companies preserved(1)(a) A motor vehicle liability insurance policy may exclude coverage and a duty to defend or indemnify with respect to a claim arising during a motor vehicle's use as a shared vehicle, based on the motor vehicle's use as a shared vehicle.(b) Coverage that may be excluded as provided in Subsection (1) includes coverage for:(i) bodily injury or property damage suffered by a third party;(ii) a claim covered by uninsured motorist coverage described in Section 31A-22-305;(iii) a claim covered by underinsured motorist coverage described in Section 31A-22-305.5;(iv) a claim covered by personal injury protection coverage and benefits described in Section 31A-22-307;(v) a claim for medical payments;(vi) a claim for comprehensive physical damage; and(vii) a claim for collision physical damage.(2) Nothing in this chapter invalidates, limits, or restricts the ability of an insurance company under other applicable law to: (a) underwrite an insurance policy; or(b) cancel or fail to renew an insurance policy.(3) Nothing in this chapter invalidates or limits a provision in a motor vehicle liability insurance policy, including any insurance policy in use or approved for use, that excludes coverage for a motor vehicle made available for rent, sharing, hire, or any business use.Added by Chapter 361, 2023 General Session ,§ 11, eff. 7/1/2023.