Bill On Motor Vehicle Insurance Classification HB AB 1871, Oregon, 2015

  • Date Enacted: Aug 20, 2015

Summary

This bill would prohibit a motor vehicle from being classified for insurance purposes as a commercial, for-hire, or permissive use vehicle, or livery solely on the basis of it being used for personal vehicle sharing, as defined, if the revenue generated by personal vehicle sharing does not exceed the annual expenses of operating the vehicle, including depreciation, interest, lease payments, auto loan payments, insurance, maintenance, parking, and fuel, provided that motor vehicle insurance coverage is provided by the personal vehicle sharing organization for the period when the vehicle is being used by a person other than the owner. Citation: AB 1871

Citation: AB 1871

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  • Oregon, US
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