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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Utah Code Title 13. Commerce and Trade § 13-48a-304. Insurable interest--Insurance to cover various liabilities--No liability to maintain certain insurance - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-13-commerce-and-trade/ut-code-sect-13-48a-304/
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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