{"data":{"id":"us-mi/mich.-comp.-laws-500.130","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.130","heading":"Peer-to-peer car sharing program; shared vehicle; insured interest.","body":"Sec. 130.\n\n(1) A peer-to-peer car sharing program has an insurable interest in a shared vehicle during the car sharing period.\n\n(2) A peer-to-peer car sharing program may own and maintain as the named insured 1 or more policies of automobile insurance that provide coverage for any of the following:\n\n(a) Liabilities assumed by the peer-to-peer car sharing program under a car sharing program agreement.\n\n(b) Any liability of the shared vehicle owner.\n\n(c) Damage or loss to the shared vehicle.\n\n(d) Any liability of the shared vehicle driver.\n\n(3) A peer-to-peer car sharing program shall not do any of the following:\n\n(a) Unless authorized, offer or sell insurance, except travel or auto-related insurance offered or sold in connection with and incidental to the sharing of a motor vehicle under a car sharing program agreement.\n\n(b) Make a car sharing program agreement contingent on the shared vehicle driver purchasing residual third-party liability insurance through the peer-to-peer car sharing program.\n\n(4) As used in this section, \"car sharing period\", \"car sharing program agreement\", \"peer-to-peer car sharing program\", \"shared vehicle\", \"shared vehicle driver\", and \"shared vehicle owner\" mean those terms as defined in section 3 of the peer-to-peer car sharing program act.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-130","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"f42ad88c97f00522b96be9a94eb8a586853546d29a9761acb50e85157a6c39b2","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.1291","next":"us-mi/mich.-comp.-laws-500.1301"},"notice":"GroundRules: Original legal text. Not legal advice."}