HB 5949 Summary

• Establishes the "Peer-to-Peer Car Sharing Program Act" to regulate vehicle sharing arrangements between private owners and drivers through digital platforms.

• Requires peer-to-peer car sharing programs to assume liability for bodily injury and property damage to third parties during car sharing periods in amounts at least equal to Michigan's minimum insurance requirements under MCL 500.3009.

• Mandates automobile insurance coverage for both shared vehicle owners and drivers during the car sharing period, which can be provided by the owner, driver, or the car sharing program, with coverage requirements including residual third-party liability and personal protection insurance.

• Requires car sharing programs to collect and retain records for at least 3 years documenting vehicle use times, delivery and return locations, fees paid, and revenues received to facilitate insurance claim investigations and settlements.

• Imposes consumer protection disclosures in car sharing agreements regarding indemnification rights, insurance coverage limits and timing, daily rates, fees, emergency contact numbers, and safety recall requirements for shared vehicles.

• Takes effect October 17, 2025, contingent on enactment of HB 5950 and HB 5951.