LA HB625

Peer-to-peer car sharing programs must maintain insurance covering physical damage, collision, and comprehensive losses to shared vehicles during the car sharing period if they do not already provide such coverage

Required insurance policies must be written by an insurer admitted or approved in Louisiana, with the program as the named insured

Coverage applies when the shared vehicle owner's personal insurance policy excludes or does not cover physical damage during the car sharing period

Policies may include a deductible of no more than $1,000 per occurrence and may include subrogation rights against at-fault parties

Removes existing language that exempted peer-to-peer car sharing programs from liability to maintain required coverage under R.S. 22:1300.3