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 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
vehicle dealer" shall have the same meaning as "dealer" as
defined in section 2 of the act of December 22, 1983 (P.L.306,
No.84), known as the Board of Vehicles Act.
Section 2. This section shall apply to all policies issued
20150SB0861PN0978 - 2 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30