1. (a) Notwithstanding any other law, a peer-to-peer car sharing program has an insurable interest in a shared vehicle during the car sharing period.
2. (b) Nothing in this section creates a duty on a peer-to-peer car sharing program to maintain the coverage required under this subchapter.

3. (c) A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of automobile insurance that separately or in combination provide coverage for:

   1. (1) liability assumed by the program under an agreement;
   2. (2) liability of the owner;
   3. (3) damage to or loss of the shared vehicle; or
   4. (4) liability of the driver.

Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.