How to insure your motorhome for renting out

It is clear that your motorhome must be properly insured before you set off with it or rent it out. Which insurances are there for a motorhome and which should you choose?

Insurance for your motorhome for private rental
If you want to rent out your motorhome, you should definitely check with your current insurance to make sure they allow it. Most personal motorhome insurance policies do not cover you to hire it out, and it is also unlikely that your current insurer will offer you a self drive hire policy. So what then? If this is the case, you will want to find a company that will. We can help you with that, so feel free to call us. and we can help you find a broker to contact.   We’ll list some of the different types of insurances below.

There are two ways to insure your motorhome: you can purchase an annual self drive hire policy through a broker.  The second option is to use a daily pay as you go insurance. This type of policy has to be put in place each time you hire out the vehicle. We use Dayinsure. Camptoo will help your hirers with this process so you don’t have to. 

A self drive hire policy is a comprehensive insurance policy that covers you for personal use and it covers your hirers. This policy will also usually have an option to include breakdown cover and roadside assistance. Your renters really appreciate this feature and it can save you a lot of headaches.

You are more in control with this type of policy and you may have to collect some information and documentation to adhere to the underwriters guidelines. This usually includes a copy of a driver’s license and a utility bill to confirm the identity of the hirer. If the hirer gets into an accident it has no effect on your personal insurance premium either.

Daily Insurance
The second option to protect your motorhome is a daily insurance policy. This is a policy that is put in place for each hire in their name. We use a company in the UK call Dayinsure. We instruct your renters on how to get this policy in place so you don’t have to. The same thing applies if they get into an accident. Your personal policy and costs are not affected. 

One thing to keep in mind is that Dayinsure does not offer roadside assistance or roadside recovery. This is very important for your renters’ peace of mind, so we recommend you get a separate one in place. One of the larger companies that offer this type of policy is RAC. Give them a call for a quote.

For more information about insurance please contact our Customer Happiness team at support@camptoo.co.uk

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