Insurance question for renting my class A
We have a 34 ft Winnie m/ h that we would like to rent. The problem is my insurance. My current insurer will drop me if I choose to rent it out. They told me I need to purchase a commercial policy. As...
Forum Discussion
We used to own an RV rental business. You have a few options; pick up a commercial rental policy. I think the only game in town is MBA and it was about $800/month for $1MM in liability (it's based on the value of the unit and we had new Class A's so yours may be cheaper).MBA does provide you all the contracts etc. The other option is have your renters add a temporary rider on their policy for an RV rental. Their policy may or may not have this and your insurance still may cancel you if they find out. The only other option is to find a company that manages your rental and puts it in a stable of units for rent. They manage the rentals, the clients, the insurance etc - all for a fee of course.
FWIW - Don't rent your RV if you care about it at all. Despite how well you screen your clients, most folks simply do not care about things they rent. Add to that - people who have never used an RV before etc. In short, it will rack up miles, gets used and abused and often trashed and damaged. Rv rentals is a business. It's not for the faint of heart renting your personal property.
FWIW - Don't rent your RV if you care about it at all. Despite how well you screen your clients, most folks simply do not care about things they rent. Add to that - people who have never used an RV before etc. In short, it will rack up miles, gets used and abused and often trashed and damaged. Rv rentals is a business. It's not for the faint of heart renting your personal property.
