S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6576
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               March 6, 2025
                                ___________
 
 Introduced by M. of A. WEPRIN -- read once and referred to the Committee
   on Consumer Affairs and Protection
 
 AN ACT to amend the general business law, in relation to requiring peer-
   to-peer car sharing programs provide certain insurance coverage
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 2 of section 901 of the general  business  law,
 as  amended  by  chapter  129 of the laws of 2022, is amended to read as
 follows:
   2. A peer-to-peer car sharing program administrator, during each peer-
 to-peer car sharing period for each shared vehicle that  it  facilitates
 the  use and operation of, shall maintain insurance that provides finan-
 cial responsibility coverage as follows:
   (a) provide insurance coverage [that satisfies] IN  AMOUNTS  EQUAL  TO
 the  financial  responsibility  requirements  set forth in SECTION THREE
 HUNDRED ELEVEN OF THE VEHICLE AND TRAFFIC LAW,  section  three  thousand
 four  hundred  twenty  of  the  insurance  law, article fifty-one of the
 insurance law and such other requirements, rules or regulations that may
 apply for  the  purposes  of  satisfying  the  financial  responsibility
 requirements with respect to the use or operation of a motor vehicle;
   (b)  [maintain  additional  insurance  against loss from the liability
 imposed by law for damages during  the  car  sharing  period,  including
 damages  for  care  and loss of services, because of bodily injury to or
 death of any person and injury to or destruction of property arising out
 of the ownership, maintenance, use or operation of a  specific  personal
 vehicle  or vehicles within the state, or elsewhere in the United States
 or Canada, subject to a limit, exclusive of  interest  and  costs,  with
 respect  to  each  such  occurrence, of at least one million two hundred
 fifty thousand dollars because of bodily  injury  to  or  death  of  any
 person, and injury to or destruction of property;

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10425-01-5
 A. 6576                             2
              

   (c)  provide  coverage  in  accordance  with subsection (f) of section
 three thousand four hundred  twenty  of  the  insurance  law,  providing
 supplementary uninsured/underinsured motorist insurance for bodily inju-
 ry,  subject  to a limit per occurrence in the amount of one million two
 hundred  fifty thousand dollars because of bodily injury or death of any
 person;
   (d)] the insurance required under this subdivision need not be  coter-
 minous with the registration period of the shared vehicle insured; and
   [(e)]  (C)  For purposes of article fifty-one of the insurance law, 11
 NYCRR Part 65 and general liability claims, notice to the shared vehicle
 owner, shared vehicle driver, peer-to-peer car sharing program  adminis-
 trator, or any insurer of the shared vehicle owner, shared vehicle driv-
 er, or peer-to-peer car sharing program administrator of any claim shall
 be  deemed  notice  to all appropriate parties and insurers.  Any shared
 vehicle owner, shared vehicle driver, peer-to-peer car  sharing  program
 administrator,  or any insurer of the shared vehicle owner, shared vehi-
 cle driver, or peer-to-peer car sharing program administrator  receiving
 such notice shall provide such notice to all appropriate parties.
   §  2.  This  act shall take effect on the ninetieth day after it shall
 have become a law. Effective immediately, the addition, amendment and/or
 repeal of any rule or regulation necessary  for  the  implementation  of
 this  act  on its effective date are authorized to be made and completed
 on or before such effective date.