N.Y. General Business Law Section 904
Insurable interest

1.

Notwithstanding any other provision of law to the contrary, a peer-to-peer car sharing program administrator shall have an insurable interest in a shared vehicle during the peer-to-peer car sharing period.

2.

Nothing in this section shall create an obligation for a peer-to-peer car sharing program administrator to provide insurance beyond the requirement to ensure financial security pursuant to the provisions of subdivision two of section nine hundred one of this article.

Source: Section 904 — Insurable interest, https://www.­nysenate.­gov/legislation/laws/GBS/904 (updated Jun. 24, 2022; accessed Oct. 25, 2025).

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Verified:
Oct. 25, 2025

Last modified:
Jun. 24, 2022

§ 904. Insurable interest's source at nysenate​.gov

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