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Current as of January 01, 2025 | Updated by Findlaw Staff
1. Notwithstanding any other provision of law, a peer-to-peer car sharing program shall be deemed to have an insurable interest in a shared vehicle during the car sharing period.
2. A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provide coverage for:
(a) Liabilities assumed by the peer-to-peer car sharing program under a peer-to-peer car sharing program agreement;
(b) Any liability of a shared vehicle owner;
(c) Any liability of a shared vehicle driver; or
(d) Damage or loss to a shared motor vehicle.
3. Nothing in this section shall be construed to require a peer-to-peer car sharing program to obtain or maintain the motor vehicle liability insurance policy necessary to satisfy the requirements of subsection 4 of NRS 432C.255 or to impose any liability on the peer-to-peer car sharing program which does not obtain or maintain such a policy.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 43. Public Safety; Vehicles; Watercraft § 482C.285. Program has insurable interest in shared vehicle; program may own or maintain insurance providing certain coverage - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-43-public-safety-vehicles-watercraft/nv-rev-st-482c-285/
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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