# Insurance (GIN)

## Title 10. Regulation of Insurance Professions

### Subtitle 6A. Peer-to-peer Car Sharing Programs

#### Section 10-6A-01

(a) In this subtitle the following words have the meanings indicated.

(b) "Authorized representative" means an independent contractor of a peer-to-peer car sharing program.

(c) "Car sharing period" has the meaning stated in Sec. 19-520 of this article.

(d) "Peer-to-peer car sharing program" means a peer-to-peer car sharing program, as defined in Sec. 19-520 of this article, that sells or offers a motor vehicle liability insurance policy issued by an insurer under Sec. 19-520 of this article.

(e) "Peer-to-peer car sharing program agreement" has the meaning stated in Sec. 19-520 of this article.

(f) "Shared vehicle driver" has the meaning stated in Sec. 19-520 of this article.

(g) "Vehicle" means a motor vehicle:

  (1) of the private passenger type, including passenger vans, minivans, and sport utility vehicles; or

  (2) of the cargo type, including cargo vans, pickup trucks, and trucks that do not require the operator to possess a commercial driver's license.

#### Section 10-6A-02

(a) A peer-to-peer car sharing program shall hold a limited lines license to sell insurance in connection with, and incidental to, the reservation of a shared motor vehicle through the peer-to-peer car sharing program before the peer-to-peer car sharing program or its employees or authorized representatives may sell or offer any policies of insurance in the State to a shared vehicle driver in connection with, and incidental to, a peer-to-peer car sharing program agreement.

(b) A limited lines license issued under this subtitle to sell insurance in connection with, and incidental to, the peer-to-peer car sharing program agreement shall authorize any employee and any authorized representative of the peer-to-peer car sharing program who is trained, under Sec. 10-6A-04(a)(4) of this subtitle, to act on behalf of, and under the supervision of, a peer-to-peer car sharing program, with respect to the kinds of insurance specified in Sec. 10-6A-04(b)(2) of this subtitle.

(c) The acts of an employee or authorized representative offering or selling insurance coverage on behalf of a peer-to-peer car sharing program shall be deemed the acts of the peer-to-peer car sharing program for the purposes of this subtitle.

(d) A peer-to-peer car sharing program holding a limited lines license issued under this subtitle to sell insurance in connection with, and incidental to, the peer-to-peer car sharing program agreement is not required to treat premiums collected from a shared vehicle driver who purchased insurance from the peer-to-peer car sharing program as funds received in a fiduciary capacity if:

  (1) the insurer represented by the peer-to-peer car sharing program has consented in a written agreement, signed by an officer of the insurer, that the premiums do not need to be segregated from other funds received by the peer-to-peer car sharing program under the peer-to-peer car sharing program agreement; and

  (2) the charges for insurance coverage are itemized but not billed to the shared vehicle driver separately from the charges for the car sharing period.

(e) An employee or an authorized representative of a peer-to-peer car sharing program who offers or sells insurance coverage on behalf of the peer-to-peer car sharing program:

  (1) may be compensated for offering or selling insurance coverage under this subtitle; but

  (2) may not be compensated in a manner that is based solely on the number of customers who purchase motor vehicle liability insurance.

(f) This subtitle may not be construed to prohibit payment of compensation to an employee or an authorized representative of a peer-to-peer car sharing program who offers or sells insurance coverage on behalf of the peer-to-peer car sharing program for activities that are incidental to the employee's overall activities.

(g) A peer-to-peer car sharing program that holds a limited lines license to sell insurance in connection with, and incidental to, the peer-to-peer car sharing of a motor vehicle issued under this subtitle shall:

  (1) maintain a register, on a form the Commissioner requires, containing:

    (i) the names of each employee or authorized representative who offers limited lines insurance on behalf of the peer-to-peer car sharing program; and

    (ii) the business addresses of all locations where employees or authorized representatives offer limited lines insurance on behalf of the peer-to-peer car sharing program for car sharing agreements entered into in the State; and

  (2) submit the register for inspection by the Commissioner as the Commissioner requires.

#### Section 10-6A-03

(a) The Commissioner shall issue to a peer-to-peer car sharing program, or a franchisee of a peer-to-peer car sharing program, a limited lines license authorizing the peer-to-peer car sharing program to offer or sell insurance in connection with, and incidental to, a peer-to-peer car sharing program agreement if the peer-to-peer car sharing program:

  (1) meets the requirements of Sec. 10-6A-04 of this subtitle;

  (2) pays the fees for insurance producers required under Sec. 2-112 of this article that are applicable to an insurance producer license; and

  (3) submits to the Commissioner any additional information or documentation that the Commissioner requires, including any information or documentation needed to determine the professional competence, good character, and trustworthiness of the peer-to-peer car sharing program.

(b) A limited lines license to sell insurance in connection with, and incidental to, the peer-to-peer car sharing of a motor vehicle issued under this subtitle is subject to the same term and renewal conditions specified for an insurance producer license under Sec. 10-115 of this title.

#### Section 10-6A-04

(a) A limited lines license to sell insurance in connection with, and incidental to, the peer-to-peer car sharing program agreement issued under this subtitle authorizes the peer-to-peer car sharing program to offer or sell, in connection with, and incidental to, a peer-to-peer car sharing program agreement, the insurance products specified in subsection (b) of this section if:

  (1) the policies have been filed with and approved by the Commissioner as compliant with Sec. 19-520(d) of this article;

  (2) the peer-to-peer car sharing program holds an appointment with each authorized insurer, under Sec. 10-118 of this title, that the peer-to-peer car sharing program intends to represent;

  (3) prior to completion of the peer-to-peer car sharing transaction, an employee or authorized representative of the peer-to-peer car sharing program provides to the shared vehicle driver disclosures approved by the Commissioner that:

    (i) summarize, clearly and correctly, the material terms of coverage, including limitations or exclusions;

    (ii) identify the authorized insurer or insurers;

    (iii) specify that the policies offered by the peer-to-peer car sharing program may provide a duplication of coverage already provided by a shared vehicle driver's personal automobile insurance policy, homeowner's insurance policy, personal liability insurance policy, or other source of coverage;

    (iv) specify that the purchase of the coverage offered by the peer-to-peer car sharing program is not required in order for the shared vehicle driver to participate in the peer-to-peer car share;

    (v) describe the process by which the shared vehicle driver can file a claim; and

    (vi) specify that any excess liability coverage purchased by the shared vehicle driver may duplicate coverage required to be provided under Sec. 18.5-102 of the Transportation Article;

  (4) the peer-to-peer car sharing program provides a training program, approved by the Commissioner, for each employee or authorized representative who sells, solicits, or negotiates insurance coverage under this subtitle that includes:

    (i) instruction about the kinds of insurance specified in subsection (b) of this section that can be offered to shared vehicle drivers;

    (ii) instruction that the employee or authorized representative is required to inform a shared vehicle driver that the purchase of any insurance from the peer-to-peer car sharing program is not required in order for the shared vehicle driver to participate in the peer-to-peer car share; and

    (iii) instruction that the employee or authorized representative is required to inform a shared vehicle driver that the shared vehicle driver may have insurance policies that already provide the coverage being offered by the peer-to-peer car sharing program; and

  (5) an employee or authorized representative who offers or sells insurance coverage on behalf of the peer-to-peer car sharing program informs a shared vehicle driver that the policies offered by the peer-to-peer car sharing program may duplicate coverage already provided by the shared vehicle driver's personal automobile insurance policy, homeowner's insurance policy, personal liability insurance policy, or other source of coverage.

(b) A limited lines license to sell insurance in connection with, and incidental to, a peer-to-peer car sharing program agreement issued under this subtitle authorizes the peer-to-peer car sharing program to offer or sell insurance policies under this subtitle that are:

  (1) in the amount of, in excess of, or optional to the coverages required to be provided under Sec. 19-520(d)(1) of this article; and

  (2) one of the following kinds of insurance:

    (i) bodily injury liability;

    (ii) property damage liability;

    (iii) uninsured motorist insurance; or

    (iv) if approved by the Commissioner, any other insurance coverage that is appropriate in connection with a peer-to-peer car sharing program agreement.

#### Section 10-6A-06

(a) The Commissioner may refuse to issue a limited lines license or suspend, revoke, or refuse to renew a limited lines license to sell insurance in connection with, and incidental to, a peer-to-peer car sharing program agreement issued under this subtitle after notice and opportunity for a hearing under Title 2, Subtitle 2 of this article if the peer-to-peer car sharing program or an employee or authorized representative of the peer-to-peer car sharing program has:

  (1) willfully violated this article or another State law that relates to insurance;

  (2) operated without a limited lines license to sell insurance in connection with, and incidental to, a peer-to-peer car sharing program agreement as required under this subtitle;

  (3) failed to provide required disclosures;

  (4) offered or sold unapproved insurance products;

  (5) failed to hold an appointment with the insurer;

  (6) failed to train employees and authorized representatives selling or soliciting, or negotiating the sale of, insurance products on behalf of the peer-to-peer car sharing program; or

  (7) misrepresented pertinent facts or policy provisions that relate to the coverage offered or sold under this subtitle.

(b) A peer-to-peer car sharing program and its employees and authorized representatives may not advertise, represent, or otherwise hold itself out as an authorized insurer, or as an insurance producer, for any kind or subdivision of insurance.

(c) Instead of, or in addition to, suspending or revoking a limited lines license to sell insurance in connection with, and incidental to, a peer-to-peer car sharing program agreement, the Commissioner may:

  (1) impose on the peer-to-peer car sharing program a penalty of not less than $100 but not more than $2,500 for each violation of this subtitle; and

  (2) require that restitution be made to any person who has suffered financial injury because of the violation of this article.

#### Section 10-6A-07

The Commissioner may adopt regulations to carry out the provisions of this subtitle, including regulations concerning:

(1) the form and content of required disclosures to shared vehicle drivers;

(2) the training requirements for employees and authorized representatives of a peer-to-peer car sharing program; and

(3) the qualifications of the individuals who provide training for employees and authorized representatives of a peer-to-peer car sharing program.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)