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Assembly clarifies peer‑to‑peer car‑sharing insurance coverage; amendment allows in‑app supplemental offers
Summary
A technical chapter amendment to the insurance law (Assembly No. 9508) clarifies parties covered in peer‑to‑peer car sharing transactions and permits platforms to offer supplemental coverage to renters and vehicle owners; sponsors said the change responds to earlier concerns about minimum coverage levels.
The Assembly approved a chapter amendment to the insurance law (Assembly No. 9508, rules report 55) clarifying that insurance coverage in peer‑to‑peer car‑sharing transactions can apply to vehicle owners, drivers, or both, and that platforms may offer supplemental coverage at checkout.
Sponsor Mister Weprin described the change as a technical amendment that "clarifies what was already the intent of the underlying bill," saying it more precisely identifies the parties involved in a peer‑to‑peer transaction and how coverage applies. He and Mister Gandolfo discussed that the amendment allows an app to offer supplemental coverage at the point of rental, analogous to options offered by some platforms.
Mister Gandolfo framed the amendment as responding to concerns raised when minimum coverage levels were adjusted in prior debate, saying the amendment provides an optional route for additional protection. Sponsor Weprin confirmed the amendment does not change the underlying minimums but allows supplemental policies to be offered by platforms and to apply to owners and/or drivers.
The bill specifies an effective date set for the 180th day after enactment as read on the floor. The Assembly recorded 104 ayes and 38 nays; the bill passed.
