NRS 482C.285: Program has insurable interest in shared vehicle; program may own or maintain insurance providing certain coverage.

1. Notwithstanding any other provision of law, a peer-to-peer car sharing program shall be deemed to have an insurable interest in a shared vehicle during the car sharing period.

2. A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provide coverage for:

(a) Liabilities assumed by the peer-to-peer car sharing program under a peer-to-peer car sharing program agreement;

(b) Any liability of a shared vehicle owner;

(c) Any liability of a shared vehicle driver; or

(d) Damage or loss to a shared motor vehicle.

3. Nothing in this section shall be construed to require a peer-to-peer car sharing program to obtain or maintain the motor vehicle liability insurance policy necessary to satisfy the requirements of subsection 4 of NRS 482C.255 or to impose any liability on the peer-to-peer car sharing program which does not obtain or maintain such a policy.