Utah Code 13-48a-304. Insurable interest — Insurance to cover various liabilities — No liability to maintain certain insurance
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(1) Notwithstanding any other provision of law, a car-sharing program has an insurable interest in a shared vehicle during the car-sharing period.
Terms Used In Utah Code 13-48a-304
- Car-sharing agreement: means an agreement:(2)(a)(i) applicable to a shared vehicle owner and a shared vehicle driver; and(2)(a)(ii) that governs a shared vehicle driver's use of a shared vehicle through a car-sharing program. See Utah Code 13-48a-101
- Car-sharing period: means the period of time that:
(4)(a)(4)(a)(i) begins at the car-sharing delivery period; or(4)(a)(ii) if there is no car-sharing delivery period, begins at the car-sharing start time; and(4)(b) ends at the car-sharing termination time. See Utah Code 13-48a-101- Motor vehicle: means the same as that term is defined in Section
41-1a-102 . See Utah Code 13-48a-101- Shared vehicle: means a motor vehicle that is available for use by an individual other than the shared vehicle owner through a car-sharing program. See Utah Code 13-48a-101
- Shared vehicle driver: means an individual who has been authorized to drive a shared vehicle by the shared vehicle owner under a car-sharing program. See Utah Code 13-48a-101
- Shared vehicle owner: means :
(12)(a)(i) the registered owner of a motor vehicle made available for car sharing; or(12)(a)(ii) a person designated by the registered owner of a motor vehicle made available for car sharing. See Utah Code 13-48a-101(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:(2)(a) a liability assumed by the car-sharing program under a car-sharing agreement;(2)(b) a liability of the shared vehicle owner;(2)(c) a liability of the shared vehicle driver; or(2)(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. - Car-sharing period: means the period of time that: