summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill establishes the "Peer-to-Peer Car Sharing Act." Under the bill, a peer-to-peer car sharing program will assume the liability for bodily injury or property damage to third parties or uninsured and underinsured motorist or personal injury protection losses during the private vehicle sharing period in an amount that is no less than the minimum coverage amount for private passenger vehicles. The bill will also require a peer-to-peer car sharing program to assume primary liability if there is a dispute as to who was in control of the shared vehicle at the time of the loss. The bill additionally provides for exclusions in motor vehicle liability insurance policies that will exclude any and all coverage and the duty to defend or indemnify for any claim afforded under a shared vehicle owner's motor vehicle insurance policy. The bill further provides recordkeeping requirements for peer-to-peer car sharing programs pertaining to the use of a vehicle and contains consumer protection disclosure requirements for peer-to-peer car sharing programs such as daily rates, fees, and if applicable, any insurance or protection package costs that are charged to the shared vehicle owner or the shared vehicle driver. The bill also provides that a peer-to peer car sharing program notify the shared vehicle owner if the shared vehicle has a lien against it, among other provisions.
AI Summary
This bill, titled the "Peer-to-Peer Car Sharing Act," establishes a framework for car sharing programs where individuals can rent out their private vehicles to others. Key provisions include requiring these programs to assume primary liability for bodily injury, property damage, and uninsured/underinsured motorist claims during the "car sharing period" (the time a vehicle is rented), up to minimum coverage amounts for private passenger vehicles. The programs must also cover these losses if there's a dispute about who was in control of the vehicle. The bill allows insurance policies for private vehicle owners to exclude coverage for claims arising from peer-to-peer car sharing, shifting that responsibility to the car sharing program. Furthermore, these programs must maintain records of vehicle use, provide consumers with clear disclosures about rates, fees, and insurance costs, and notify vehicle owners if their car has a lien against it. The act also addresses driver eligibility, equipment responsibility, and safety recall procedures for shared vehicles.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/A2543 |
| BillText | https://pub.njleg.gov/Bills/2026/A3000/2543_I1.HTM |
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