California Civil Code

§ 2505.5

CIV § 2505.5 Effective Jan 1, 2023Div. 3 · Title 10.1 · Part 4

Statute text

(a)The Department of Insurance shall conduct a study and report the findings to the Legislature and the insurance committees of both houses no later than December 31, 2026, that does all of the following:

(1)In collaboration with a city or county with jurisdiction over areas of shared mobility device use and shared mobility device insurers and operators, assesses whether coverage requirements for shared mobility devices are appropriate to the risk of shared mobility device services and provide recommendations to update coverage requirements, if found to be necessary. The Department of Insurance may specify by bulletin the time periods and elements of data to be provided by admitted and nonadmitted insurers writing coverage pursuant to subdivision (b) of Section 2505.

(2)With input from shared mobility device providers, analyzes the process by which providers give users an option to purchase their own insurance coverage, and make recommendations, if necessary, on how to strengthen the market for individual mobility device liability coverage, including on ensuring agreements between a provider and user to remove the user from the provider’s policy do not result in circumstances where there is a gap in coverage providing recovery for injured pedestrians.

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Legislative history

Added by Stats. 2022, Ch. 740, Sec. 2. (AB 371) Effective January 1, 2023. Repealed as of January 1, 2027, by its own provisions.