INSURANCE: Requires peer-to-peer car sharing programs to maintain physical damage coverage for shared vehicles during the car sharing period

HLS 26RS-788 ENGROSSED
2026 Regular Session
HOUSE BILL NO. 625
BY REPRESENTATIVE JORDAN
INSURANCE: Requires peer-to-peer car sharing programs to maintain physical damage
coverage for shared vehicles during the car sharing period
1 AN ACT
2 To enact R.S. 22:1300.9(D), relative to peer-to-peer car sharing programs; to establish
3 provisions regarding insurable interest; to delineate limitations on liability; to
4 authorize the maintenance of certain insurance policies; to mandate the inclusion of
5 physical damage coverage; and to provide for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 22:1300.9(D) is hereby enacted to read as follows:
8 §1300.9. Insurable interest
9 * * *
10 D.(1) If a peer-to-peer car sharing program does not provide a non-insurance
11 contractual physical damage protection package, consistent with R.S. 22:1300.10(4),
12 to the shared vehicle during the car sharing period, the program shall own and
13 maintain as the named insured a policy of insurance written by an insurer admitted
14 or approved in this state, covering physical damage for collision and comprehensive
15 losses to the shared vehicle during the car sharing period.
16 (2) The policy of insurance required by this Subsection applies when the
17 policy of insurance maintained by the shared vehicle owner excludes or otherwise
18 does not provide coverage for physical damage for collision and comprehensive
19 losses to the shared vehicle during the car sharing period.
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
HLS 26RS-788 ENGROSSED
HB NO. 625
1 (3) The policy of insurance required by this Subsection may include a
2 deductible in an amount no greater than one thousand dollars per occurrence.
3 (4) The policy of insurance required by this Subsection may include
4 subrogation rights against a tortfeasor.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 625 Engrossed 2026 Regular Session Jordan
Abstract: Establishes the insurance requirements for peer-to-peer car sharing programs.
Present law provides that a peer-to-peer car sharing program has an insurable interest in a
shared vehicle during the car sharing period, specifies that nothing in present law creates
liability for the program to maintain certain coverage, and authorizes the program to own
and maintain motor vehicle liability insurance policies covering specified liabilities and
losses.
Proposed law retains present law by restoring the provision specifying that nothing in the
Section creates liability for a peer-to-peer car sharing program to maintain coverage
mandated elsewhere in law.
Proposed law requires a peer-to-peer car sharing program to own and maintain, as the named
insured, a policy of insurance written by an insurer admitted or approved in this state to
provide physical damage coverage for collision and comprehensive losses to the shared
vehicle during the car sharing period, but only when a contractual protection package is not
in effect.
Proposed law further provides that the required physical damage policy applies only when
the shared vehicle owners policy excludes or otherwise fails to provide such coverage during
the car sharing period and authorizes the policy to include a deductible of up to $1000 per
occurrence and to include subrogation rights against a tortfeasor.
(Adds R.S. 22:1300.9(D))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Insurance to the
original bill:
1. Restore the provisions of present law.
2. Require an explicit insurance obligation on peer-to-peer car sharing programs in
circumstances where no contractual protection package is provided.
3. Require peer-to-peer car sharing programs to maintain a physical damage
insurance policy issued by an insurer admitted or approved in this state.
4. Make technical changes.
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.