Insurance Law 3460 — Legislation
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Car share exclusions for motor vehicle insurance policies
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SECTION 3460
Prohibition against cancellation of policy when motor vehicle is used or operated through a peer-to-peer car sharing program
Insurance (ISC) CHAPTER 28, ARTICLE 34
§ 3460. Prohibition against cancellation of policy when motor vehicle
is used or operated through a peer-to-peer car sharing program. (a) An
insurer shall not cancel an existing motor vehicle insurance policy
solely on the basis that the motor vehicle covered by the insurance
policy has been made available pursuant to a peer-to-peer car sharing
program in compliance with article forty of the general business law.
(b) The definitions set forth in section three thousand four hundred
fifty-eight of this article shall apply to this section.