Oregon Residents Join Peer-to-peer Car Sharing

According to The Register-Guard, current laws in Oregon allow residents to rent out their vehicles to other people, but if the renter gets into an accident, the owner's insurance rates increase.

House Bill 3149 states that car owners can rent their vehicles through a car sharing service and won't have to worry about their insurance rates rising. The bill passed the Oregon Senate on Monday with a 25-3 vote.

Under the bill, car sharing services must have at least three times the required minimum insurance for vehicles in Oregon. It also stops insurance companies from dropping clients who decide to participate in a car sharing program.

HB 3149 is going back to the House for approval of some amendments that were made in the Senate, according to The Register-Guard.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Auto Manufacturers: Mobility Disruptors or Fleet Providers?

Maven’s Alex Keros shares insights into evolving smart mobility business models and new opportunities with fleet management.

What is Your Time Worth?

Personal observations of retail and travel transactions reveal just how much a consumer’s time is worth today, and how increasingly intolerant we are of inefficient transactions.

Safeguarding Your Business with Brokers

While the high-profile bankruptcy of Atlas Choice has left many car rental companies wary of working with brokers, rental companies can take steps to protect themselves and ensure a productive relationship.

Job Finder: Access Top Talent. Fill Key Positions.

>