Bill > SB647

This bill establishes the "Peer-to-Peer Car Sharing Program Act" in Missouri, which creates a comprehensive regulatory framework for platforms that allow vehicle owners to rent out their personal vehicles to other drivers. The legislation defines key terms like "car sharing period" and "shared vehicle", and mandates that peer-to-peer car sharing programs must provide insurance coverage for vehicles during the rental period that meets or exceeds the state's minimum liability requirements. The bill requires car sharing programs to verify drivers' licenses, collect and retain records of vehicle usage, and notify vehicle owners about potential risks, such as violating lienholder agreements or safety recall requirements. The programs must also disclose important information to both vehicle owners and drivers, including insurance coverage details, potential fees, and indemnification rights. Additionally, the bill provides liability protections for vehicle owners and car sharing programs, specifying circumstances under which insurers can exclude coverage and establishing that these companies are exempt from vicarious liability based on vehicle ownership. The legislation is set to take effect on January 1, 2026, and gives the Department of Commerce and Insurance authority to create necessary implementation rules and regulations.

Business and Industry

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=3377915