Takes Effect

Takes effect

California Banking, money and insurance

Car-sharing platforms' liability for owners set at no less than $250,000 per person

Peer-to-peer car-sharing programs no longer take on all of an owner's liability while someone else drives the car. They cover injured third parties up to the amounts in their agreement, at least $250,000 per person, $500,000 per accident and $100,000 for property damage.

Who it affects

Peer-to-peer car-sharing programs, car owners who share cars, crash victims

When

This law takes effect on January 1, 2027. California laws take effect on January 1 of the year after they are signed, unless the law says otherwise.

Official text

California AB 2361: Insurance: personal vehicle sharing.
On California Legislative Information. The official text is what counts; read it before you act.

Not legal advice. Plain-English summaries to help you find what changes and when. Not legal advice: read the official text, and ask a lawyer about your situation.

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