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Utah Code § 13-48a-304

Insurable interest -- Insurance to cover various liabilities -- No liability to maintain certain insurance

Enacted by Chapter 361, 2023 General Session

(1) Notwithstanding any other provision of law, a car-sharing program has an insurable interest in a shared vehicle during the car-sharing period.

(2) A car-sharing program may own and maintain as the named insured one or more policies of motor vehicle insurance that provide coverage for:

(a) a liability assumed by the car-sharing program under a car-sharing agreement;

(b) a liability of the shared vehicle owner;

(c) a liability of the shared vehicle driver; or

(d) damage or loss to a shared vehicle.

(3) Nothing in this section requires a car-sharing program to maintain insurance coverage for the car-sharing program's liability under this chapter.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.