[ §431:10C-806] Insurable interest. (a) Notwithstanding any law to the contrary, a peer-to-peer car-sharing program shall have an insurable interest in a shared car during the car-sharing period. (b) In addition to the insurance coverage mandated by section 431:10C-802, a peer-to-peer car-sharing program may own and maintain as the named insured one or more policies of motor vehicle insurance that provides coverage for: (1) Liabilities assumed by the peer-to-peer car-sharing program under a car-sharing program agreement; (2) Any liability of the shared car owner; or (3) Damage or loss to the shared car or any liability of the shared car driver. [L 2022, c 56, pt of §2 , §5; am L 2023, c 210, §3 ]
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