Current through the 2024 Fourth Special Session
Section 13-48a-304 - Insurable interest - Insurance to cover various liabilities - No liability to maintain certain insurance(1) Notwithstanding any other provision of law, a car-sharing program has an insurable interest in a shared vehicle during the car-sharing period.(2) A car-sharing program may own and maintain as the named insured one or more policies of motor vehicle insurance that provide coverage for: (a) a liability assumed by the car-sharing program under a car-sharing agreement;(b) a liability of the shared vehicle owner;(c) a liability of the shared vehicle driver; or(d) damage or loss to a shared vehicle.(3) Nothing in this section requires a car-sharing program to maintain insurance coverage for the car-sharing program's liability under this chapter.Added by Chapter 361, 2023 General Session ,§ 12, eff. 7/1/2023.