Tex. Business & Commerce Code § 113.0057: INSURABLE INTEREST.

(a) Notwithstanding any other law, a peer-to-peer car sharing program has an insurable interest in a shared vehicle during the car sharing period.

(b) Nothing in this section creates a duty on a peer-to-peer car sharing program to maintain the coverage required under this subchapter.

(c) A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of automobile insurance that separately or in combination provide coverage for:

(1) liability assumed by the program under an agreement;

(2) liability of the owner;

(3) damage to or loss of the shared vehicle; or

(4) liability of the driver.

Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.