Peacekeeper6
Active member
Inspired by another thread.
And if you have multiple Spyders, would you rent out your most expensive one ??
And if you have multiple Spyders, would you rent out your most expensive one ??
Inspired by another thread.
And if you have multiple Spyders, would you rent out your most expensive one ??
If you rent out your Spyder, you have to let your insurance company know and it will increase your rates. If you rent it without telling them, the renter has an accident and the insurance company finds out -- they will deny coverage. And if it's a serious accident, they WILL find out. It's a bad enough idea to loan your Spyder out to a friend, let alone rent it to someone.
Using your own vehicle for commercial use (renting or being a professional driver) changes the insurance company's risk calculation. This is why Uber and Lyft provide insurance for their drivers.