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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) An authorized insurer may exclude coverage and the duty to defend or indemnify for any claim under a shared car owner's personal automobile liability insurance policy. This part 12 does not invalidate or limit an exclusion contained in an automobile liability insurance policy, including any insurance policy that excludes coverage for motor vehicles made available for rent, sharing, hire, or business use.
(2) An automobile insurer of the shared car owner that defends or indemnifies a shared car claim has the right to contribution against the insurer of the car sharing program if the claim is:
(a) Made against the shared car owner or the shared car driver for damages occurring during the sharing period; and
(b) Excluded under the terms of the shared car owner's insurance policy.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 6. Consumer and Commercial Affairs § 6-1-1205. Liability--exclusions for personal automobile liability insurance policy--indemnification - last updated January 01, 2025 | https://codes.findlaw.com/co/title-6-consumer-and-commercial-affairs/co-rev-st-sect-6-1-1205/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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