motor vehicle, while a motor vehicle specifically listed or
covered under the insured's motor vehicle insurance policy is
being transported, serviced, repaired or inspected by the motor
vehicle dealer.
(b) Motor vehicle dealer insurance obligations.--When a
motor vehicle dealer or an agent thereof has custody of or is
operating a customer's motor vehicle for the purpose of
transporting, servicing, repairing or inspecting the vehicle,
the motor vehicle dealer shall provide primary coverage of
third-party financial obligations and further provide primary
coverage of first-party physical damage obligations LIABILITY
COVERAGE FOR THIRD-PARTY BODILY INJURY AND PRIMARY FIRST-PARTY
PHYSICAL DAMAGE COVERAGE in the amounts set forth in the
customer's private passenger automobile insurance policy.
(c) Applicability.--This section shall apply only to the
loan of a motor vehicle by a motor vehicle dealer that occurs
without financial remuneration in the form of a fee, rental or
lease charge paid directly by the insured operating the motor
vehicle. Payments made by a third party to a motor vehicle
dealer or similar reimbursements shall not be considered
payments directly from the insured operating the motor vehicle.
(d) Implementation.--A change in the coverage of a private
passenger automobile insurance policy resulting from this
section shall not impact the validity of a waiver, selection of
benefits or amount of benefits in that policy, beyond the
coverage change as a result of this section. Any revised forms
or rates filed by an insurer with the Insurance Department as a
result of this section shall be deemed approved by the
department upon filing.
(e) Definitions.--As used in this section, the term "motor
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