"Peer-to-Peer Car Sharing Act."

This bill (A-2543) establishes rules for peer-to-peer car sharing platforms in New Jersey, requiring them to cover third-party injury and property damage during shared vehicle trips. It mandates that platforms ensure insurance coverage meeting minimum state requirements (including liability limits from existing laws) for both vehicle owners and drivers during the "car sharing period." The law specifically excludes traditional rental companies and clarifies that shared vehicles aren’t classified as taxis or for-hire vehicles. It applies directly to platforms connecting car owners with drivers, owners, and drivers using these services.