113.0058 – INSURANCE REQUIREMENTS. (a) An insurance
Texas Business and Commerce Code § 113.0058
Summary
This law mandates that insurance policies for car-sharing services must include liability coverage for shared vehicles during the rental period. It affects insurers and car-sharing companies operating in Texas, ensuring that users are protected without needing prior notice to the insurer.
Requires liability coverage for shared vehicles during car-sharing.
No prior notice to the insurer is needed for coverage.
Applies to insurers authorized in Texas and car-sharing services.
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In simple terms: Learn about Texas's INSURANCE REQUIREMENTS. (a) An insurance law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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