* § 3458. Group insurance for peer-to-peer car sharing programs. (a)\nFor the purposes of this section, the following definitions shall apply:\n (1) "Certificate" or "certificate of insurance" means any policy,\ncontract or other evidence of insurance, or endorsement thereto, issued\nto a group member under a peer-to-peer car sharing group policy.\n (2) "Group policyholder" means an administrator.\n (3) "Group policy member" means a shared vehicle owner or a shared\nvehicle driver participating in a program.\n (4) "Peer-to-peer car sharing group policy" or "group policy" means a\ngroup policy, including certificates issued to the group members, where\nthe group policyholder is an administrator and the policy provides\ninsurance to the administrator and to group members:\n (A) in accordance with the requirements of article forty of the\ngeneral business law;\n (B) of the type described in paragraph thirteen, fourteen, or nineteen\nof subsection (a) of section one thousand one hundred thirteen of this\nchapter; and\n (C) in satisfaction of the financial responsibility requirements set\nforth in section three thousand four hundred twenty of this article,\nsubdivision four of section three hundred eleven of the vehicle and\ntraffic law, article fifty-one of this chapter, and such other\nrequirements or regulations that may apply for the purposes of\nsatisfying the financial responsibility requirements with respect to the\nuse or operation of a motor vehicle.\n (5) "Peer-to-peer car sharing program" or "program" shall have the\nsame meaning as set forth in article forty of the general business law.\n (6) "Peer-to-peer car sharing program administrator" or\n"administrator" shall have the same meaning as set forth in article\nforty of the general business law.\n (7) "Shared vehicle driver" shall have the same meaning as set forth\nin article forty of the general business law.\n (8) "Shared vehicle owner" shall have the same meaning as set forth in\narticle forty of the general business law.\n (9) "Peer-to-peer car sharing period" or "car sharing period" shall\nhave the same meaning as set forth in article forty of the general\nbusiness law.\n (10) "Motor vehicle" shall have the same meaning as set forth in\narticle forty of the general business law.\n (b) An insurer may issue or issue for delivery in this state a group\npolicy to an administrator as a group policyholder only in accordance\nwith the provisions of this section.\n (c) (1) A group policy shall provide coverage for a shared vehicle\nowner's motor vehicle in accordance with the requirements of article\nforty of the general business law.\n (2) A group policy may provide:\n (A) coverage for limits higher than the minimum limits required by\nsubdivision two of section nine hundred one of the general business law,\nwith regard to financial responsibility coverage;\n (B) supplemental spousal liability insurance pursuant to subsection\n(g) of section three thousand four hundred twenty of this chapter; and\n (C) motor vehicle physical damage coverage as described in paragraph\nnineteen of subsection (a) of section one thousand one hundred thirteen\nof this chapter.\n (3) The coverage described in paragraphs one and two of this\nsubsection may be provided in one group policy or in separate group\npolicies.\n (4) A group policy, including certificates, shall be issued by\nauthorized insurers or through excess line brokers pursuant to section\ntwo thousand one hundred eighteen of this chapter.\n (5) A policyholder also may be an insured under a group policy.\n (d) The premium for the group policy, including certificates, may be\npaid by the group policyholder from the funds contributed:\n (1) wholly by the group policyholder;\n (2) wholly by the group policy members; or\n (3) jointly by the group policyholder and the group policy members.\n (e)(1) Any policy dividend, retrospective premium credit, or\nretrospective premium refund in respect of premiums pai
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