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Current as of January 01, 2025 | Updated by Findlaw Staff
(1)(a) A motor vehicle liability insurance policy may exclude coverage and a duty to defend or indemnify with respect to a claim arising during a motor vehicle's use as a shared vehicle, based on the motor vehicle's use as a shared vehicle.
(b) Coverage that may be excluded as provided in Subsection (1) includes coverage for:
(i) bodily injury or property damage suffered by a third party;
(ii) a claim covered by uninsured motorist coverage described in Section 31A-22-305;
(iii) a claim covered by underinsured motorist coverage described in Section 31A-22-305.5;
(iv) a claim covered by personal injury protection coverage and benefits described in Section 31A-22-307;
(v) a claim for medical payments;
(vi) a claim for comprehensive physical damage; and
(vii) a claim for collision physical damage.
(2) Nothing in this chapter invalidates, limits, or restricts the ability of an insurance company under other applicable law to:
(a) underwrite an insurance policy; or
(b) cancel or fail to renew an insurance policy.
(3) Nothing in this chapter invalidates or limits a provision in a motor vehicle liability insurance policy, including any insurance policy in use or approved for use, that excludes coverage for a motor vehicle made available for rent, sharing, hire, or any business use.
Cite this article: FindLaw.com - Utah Code Title 13. Commerce and Trade § 13-48a-303. Certain abilities of insurance companies preserved - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-13-commerce-and-trade/ut-code-sect-13-48a-303/
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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