Renting out an RV for profit?

Hi Lady. Before you pursue renting out a RV, call an insurance company to see how much it would cost to insure a RV for personal use and then how much it would cost to insure a RV for rental purposes. I had entertained the idea of renting out my RV several years ago and found that my personal use RV insurance would cover damages, liability, etc ONLY if I or my wife were driving it. The RV would also be covered if someone else was driving ONLY if I or my wife were present in the RV when the accident occurred. It WOULD NOT be covered in any other circumstance. There went my idea of renting out my RV and not telling the insurance company to keep the lower rate.

I would never think of owning a RV without adequate insurance...both for your protection and the other party.