Section 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.
(5 amended July 10, 2015, P.L.130, No.22)