Hello, I recently retired and want to buy a RV to travel through the States, but would also like to rent it out when it is not used. Does anyone know of any Insurance companies that carry a commercial type of insurance so you can be covered when someone is renting from you? I see a lot of ads where folks rent out their RV and request proof of a binder from the renters insurance company for the specific time it is rented, but I want to have a back up insurance anyway.
I know commercial insurance is quite a bit more expensive than normal insurance but it should be less expensive if you have a binder from the renters insurance company.
I stopped in at a local Independent Insurance agent and he didn't know of any insurance company that provides commercial insurance as such described above which I find odd.
Thanks, Ray
I know commercial insurance is quite a bit more expensive than normal insurance but it should be less expensive if you have a binder from the renters insurance company.
I stopped in at a local Independent Insurance agent and he didn't know of any insurance company that provides commercial insurance as such described above which I find odd.
Thanks, Ray