"Peer-to-Peer Car Sharing Act."

This bill establishes rules for peer-to-peer car sharing platforms (like Turo) in New Jersey. It requires these platforms to assume liability for bodily injury or property damage during a vehicle's sharing period and mandates that both vehicle owners and drivers maintain insurance meeting state minimums. The law defines key terms like "shared vehicle" (excluding taxis or rental cars) and specifies that insurance must cover use through the platform without exclusions. It directly affects car sharing platforms, vehicle owners, and drivers by setting clear insurance and liability standards for shared vehicle use.