HB 640 Summary

• Amends Section 431:10C-802 of Hawaii Revised Statutes to restructure insurance requirements for peer-to-peer car-sharing programs, requiring peer-to-peer car-sharing programs to assume liability for shared car owners for bodily injury, property damage, uninsured/underinsured motorist, and personal injury protection losses in amounts no less than $750,000.

• Clarifies that peer-to-peer car-sharing programs must ensure shared car owners and drivers are insured under motor vehicle policies during car-sharing periods with minimum coverage amounts specified in Section 431:10C-301, with insurance requirements satisfiable through policies maintained by car owners, drivers, the program, or any combination thereof.

• Establishes that peer-to-peer car-sharing program insurance shall be primary and provide first-dollar coverage when owner or driver insurance has lapsed or does not provide required coverage, and assumes primary liability when disputes exist about vehicle control or return location.

• Requires insurers to offer optional coverages including uninsured/underinsured motorist coverage and coverage stacking options, with written rejection options available for named insureds.

• Sunsets the amended provisions on July 1, 2025, after which Section 431:10C-802 reverts to its previous form; allows counties to adopt ordinances regulating peer-to-peer vehicles for companies with insurance coverage below an unspecified amount.