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Nebraska Revised Statutes Chapter 60. Motor Vehicles § 60-3409. Insurable interest; coverage by program

Current as of January 01, 2024 | Updated by Findlaw Staff

(1) A program shall have an insurable interest in a vehicle during the sharing period.

(2) Nothing in this section shall impose liability on a program to maintain the coverage required by section 60-3403 or 60-3404.

(3) A program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provides coverage for:

(a) Liabilities assumed by the program under an agreement;

(b) Liability of an owner or driver; or

(c) Damage or loss to a vehicle.

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Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 60. Motor Vehicles § 60-3409. Insurable interest; coverage by program - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-60-motor-vehicles/ne-rev-st-sect-60-3409/

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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