Business & Commerce Code § 113.0052

Sec. 113.0052. INSURANCE REQUIRED. (a) A peer-to-peer car sharing program shall ensure that, during each car sharing period, the owner and the driver are insured under an automobile liability insurance policy that meets the requirements of this subchapter. (b) Insurance maintained for purposes of this subchapter: (1) must provide coverage in amounts not less than the amounts described by Section 601.072, Transportation Code; (2) must be primary during each car sharing period; and (3) must: (A) recognize that the shared vehicle insured under the policy is made available and used through a peer-to-peer car sharing program and specifically provide coverage for that use; or (B) not exclude the use of a shared vehicle by a driver. (c) The coverage requirements of this subchapter may be satisfied by: (1) automobile insurance maintained by the owner; (2) automobile insurance maintained by the driver; (3) automobile insurance maintained by the peer-to-peer car sharing program; or (4) a combination of Subdivisions (1), (2), and (3). (d) If a claim occurs in another state with minimum financial responsibility limits higher than the amounts described by Section 601.072, Transportation Code, during the car sharing period, the coverage maintained under Subsection (a) must satisfy the difference in minimum coverage amounts to the applicable policy limits. Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.