If I decided to rent out my jet ski to some people for a hourly rate would I have to get liability insurance?

July 23, 2010 by admin · 4 Comments
Filed under: Insurance 
ski
terrywack asked:


I want to rent out my jet ski’s over the summer and make a few bucks can I do that and not have to purchase liability insurance ?

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Comments

4 Responses to “If I decided to rent out my jet ski to some people for a hourly rate would I have to get liability insurance?”
  1. T'yr says:
    July 23, 2010 at 5:53 pm

    I don’t think you technically have to. But you really, really should. If some one gets hurt on your jetski and you’re uninsured… potentially that’s you losing everything you own. T’yr

  2. Cubby says:
    July 24, 2010 at 10:12 am

    Yes!
    It is your property and you are responsible any damage it incurs.
    You could charge a higher rate for renting to cover the cost of the insurance. Cubby

  3. Queen B says:
    July 26, 2010 at 1:06 pm

    If you are smart you do. If someone gets hurt, and yes it can happen to you, they WILL sue you!! Queen B

  4. Lori S says:
    July 27, 2010 at 9:17 pm

    Liability insurance is a must! Waiver of Liability also. No one under the age of 18 to ride or drive. Also owner is not responsible for damage or misuse of the jet-ski. Owner not responsible for injuries or death due to use or misuse of jet-ski. Owner not responsible for civil or small claims suits brought upon rider of jet-ski. Better make sure you cover all your liability issues BEFORE you consider renting your jet-ski. Lori S

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