The CarSharing Association (CSA) has released a draft liability insurance guideline for round-trip car-sharing operators in the United States. This guideline has been developed to protect consumers of car-sharing services and strengthen the industry’s reputation for providing a safe and practical alternative to private car ownership.
The CSA recommends car-sharing organizations provide liability insurance coverage with a minimum of $300,000 per incident for their member-drivers. According to CSA, many member organizations exceed this standard and insure their drivers for $1 million per incident. In order to know how much coverage is available, car-sharing operators should publish the limits of their liability insurance on their website.
If the member-driver wants greater coverage than the liability insurance offered, the driver should be given the option of purchasing additional liability insurance, says CSA.
For more information on the CarSharing Association and the draft liability insurance guide, visit www.carsharing.org.