40-1-227. Insurable interests.

Notwithstanding any other provision of law, a peer-to-peer car-sharing program shall have an insurable interest in a shared vehicle during the car-sharing period.#

Except as provided in Code Section 40-1-226, nothing in this part creates a liability on a peer-to-peer car-sharing program to maintain the coverage mandated by this part.#

A peer-to-peer car-sharing program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provides coverage for:#

1. (1)

   Liabilities assumed by the peer-to-peer car-sharing program under a car-sharing program agreement;#

2. (2)

   Any liability of the shared vehicle owner;#

3. (3)

   Damage or loss to the shared motor vehicle; or#

4. (4)

   Any liability of the shared vehicle driver.#