Enacts provisions relating to peer-to-peer car sharing

SB 647 establishes a legal framework for peer-to-peer car sharing platforms (like Turo) in Missouri. It requires these platforms to assume liability for bodily injury or property damage to third parties during the car sharing period and mandates that all shared vehicles maintain minimum insurance coverage (matching state requirements) without excluding sharing use. The law directly affects car sharing platforms, vehicle owners who list cars on these platforms, and drivers using the service, ensuring basic insurance coverage is maintained throughout the sharing period. It distinguishes peer-to-peer sharing from traditional car rentals by excluding rental companies from its definition.