Texas Business & Commerce Code

§ 113.0052 — INSURANCE REQUIRED

BC § 113.0052Title 5. REGULATION OF BUSINESSES AND SERVICES · Part C. BUSINESS OPERATIONS · Ch. 113. PEER-TO-PEER CAR SHARING PROGRAMS · Art. B. ASSUMPTION OF LIABILITY AND INSURANCE REQUIREMENTS

Statute text

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(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

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Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.