Peer-to-Peer Car Sharing Act of 2023

This bill establishes insurance requirements for peer-to-peer car sharing in the District of Columbia, affecting vehicle owners who rent out their cars through digital platforms and the companies that facilitate these rentals. It mandates that car sharing programs assume liability for accidents during the rental period unless the owner committed fraud or failed to return the vehicle, ensuring that coverage meets or exceeds the city's standard minimum liability limits. The law clarifies that insurance can be provided by the vehicle owner, the driver, or the sharing platform, but the policy must explicitly recognize the vehicle is being used for sharing purposes. Additionally, the bill defines specific terms like "car sharing period" to distinguish these transactions from traditional commercial rentals.