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Rent out personal toy hauler

qchunter
Explorer
Explorer
Has anyone checked into renting out their rv or toy hauler? Is there special insurance required for doing this? How do you hold someone accountable for damages?

I have been thinking about renting out my trailer but these are a couple of the questions that I have been thinking about. Just seeing if it's worth it.

Thanks
2014 Iconic 2415AKG - 30' Toyhauler
2005 GMC 2500 Duramax
17 REPLIES 17

dbbls
Explorer
Explorer
I suspect after paying the insurance you would have to rent it out very often to come out even. No way would I want strangers using my rig.
2011 F-350 CC Lariat 4X4 Dually Diesel
2012 Big Country 3450TS 5th Wheel

DrewE
Explorer II
Explorer II
You should be concerned about insurance issues...at the very least, ask your insurance agent what would and would not be covered. I suspect this may be commercial use and a typical RV insurance policy would not cover it. (Even if it were covered, you would most likely be ultimately responsible and your insurance would take the hit, with the corresponding possible rate increases and so forth, if something were to happen.)

You should probably also be somewhat concerned with registration and taxation issues...the state may not see this as personal use, and possibly not permissible under a normal RV registrationโ€”just another thing to research and consider.

You can hold people accountable for damage by requiring that they have insurance covering their liability and damage to your property, and naming you as an additional insured. Obtaining such insurance might be a tricky proposition for your renters. You could also require a damage deposit.

All in all, I don't think it's something that's worth attempting on your own. There may be some companies that facilitate private party RV rentals, along the lines of RelayRides and similar for cars, that would have at least some of the thorny legal matters worked out already.

summerhouse
Explorer
Explorer
Not for anything would I rent out my RV.
โ€œLight hearted I take to the open roadโ€ฆ Healthy, free, the world before meโ€ฆ The long brown path before me leading me wherever I choose.โ€ - Walt Whitman