Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 695.5 - Insurance rates and policy exclusions(a)General rule.--Provisions in an insurance policy which deny coverage for any motor vehicle used for commercial purposes or as a public or livery conveyance shall not apply to a vehicle used in a ridesharing arrangement. (b)Approval of Insurance Commissioner.--Premiums charged for ridesharing vehicles shall be approved by the Insurance Commissioner in conformity with the act of June 11, 1947 (P.L. 538, No.246), known as The Casualty and Surety Rate Regulatory Act. Amended by P.L. TBD 2015 No. 22, § 3, eff. 8/9/2015.1982, Dec. 14, P.L. 1211, No. 279, § 5, effective in 60 days.