Except as provided in paragraph (2) of this subsection, this section applies only to: Peer–to–peer car sharing transactions originating in the State; and Third–party claims against a shared vehicle driver arising out of the security requirement under § 18.5–102(a)(2) of this subtitle. This section does not apply to a replacement vehicle under § 18.5–102(a)(2) of this subtitle. A peer–to–peer car sharing program shall be responsible for providing the required security under § 17–103 of this article on a primary basis for a third–party liability claim if the peer–to–peer car sharing program: Fails to deliver notice of the claim; Fails to cooperate with the insurer; Prejudiced the handling of the third–party claim before the insurer assumed the handling of the claim; Has provided liability, property damage, uninsured motorist, or other coverage to the insured that is: Additional to the insurance coverage required under § 19–520(d)(1) of the Insurance Article; and Applicable to the third–party claim as a benefit under a supplemental insurance policy sold to the shared vehicle driver in connection with, and incidental to, the peer–to–peer car sharing transaction; or Fails to provide the disclosures required under § 19–520(c)(3) of the Insurance Article.