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  1. #1
    Senior Member tecknojoe's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    What if they wreck, get hurt, hurt someone, steal it? What is your insurance company going to tell you, especially if you say you rented the bike? would you still be covered? Is it possible to fake a credit card deposit, or use a stolen one?

    Personally I couldn't do anything more than swapping bikes for 5 minutes while out on a ride with a friend.

    I really don't see this idea working out well with all the liabilities

    also, no matter how good of a mechanic you are, parts fail. You can't control it 100% of the time
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  2. #2
    Member DRKATO1's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    I'm thinking about a 2k deposit.
    Some insurance companies like Progressive cover you for renting a car and a motorcycle if you would like to rent a bike instead. dairyland does the same thing, you have to check with your agent.

  3. #3
    Gold Member asp_125's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    Quote Originally Posted by DRKATO1 View Post
    I'm thinking about a 2k deposit.
    Some insurance companies like Progressive cover you for renting a car and a motorcycle if you would like to rent a bike instead. dairyland does the same thing, you have to check with your agent.
    My bike insurance covers me when I rent bikes, but if I am renting a bike from you and I crash because of a mechanical fault it's not on my policy, it's on yours. I would be going after your carrier for a defective motorcycle; the cost of liability insurance on your part would be expensive, it's why 303 got out of the business.
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  4. #4
    Member DRKATO1's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    What if I make this a non profit thing with all money going to my 14 year old back surgury to fix her broken bone in her back.
    Last edited by DRKATO1; Mon Jul 1st, 2013 at 08:42 AM.

  5. #5
    Gold Member madvlad's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    Quote Originally Posted by DRKATO1 View Post
    What if I make this a non profit thing with all money going to my 14 year old back surgury to fix her broken bone in he back.
    or we can put a bike night/fundraiser thing together as well and I am in for this idea to help out
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    Member DRKATO1's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    Quote Originally Posted by madvlad View Post
    or we can put a bike night/fundraiser thing together as well and I am in for this idea to help out
    If all options run out i might consider this in the future. she got her injury 2 years ago and gets shots in her back every 3 or 4 months to manage the pain. but last years scared the shit out of me when people started dying from the same shots she was getting.
    sooner or latter she will need major surgery to put rods and screws in.

  7. #7
    Member DRKATO1's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    This is the bike we are talking about, just thought i would share.


  8. #8
    Gold Member bulldog's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    Quote Originally Posted by DRKATO1 View Post
    What if I make this a non profit thing with all money going to my 14 year old back surgury to fix her broken bone in her back.
    Why not just sell the bike then? Wouldn't that be faster
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  9. #9
    Member DRKATO1's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    Quote Originally Posted by bulldog View Post
    Why not just sell the bike then? Wouldn't that be faster
    yes it is one of the things i am considering but it's not enough money to cover everything.

  10. #10
    Senior Member j0ker's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    Quote Originally Posted by DRKATO1 View Post
    What if I make this a non profit thing with all money going to my 14 year old back surgury to fix her broken bone in her back.
    OH NO! I had no idea. Sorry to hear your 14 year old is in so much pain! Did she get the injury from a motorcycle?

    Did you ever mention how much you are renting your bike for? When rider friends of mine come into town, I will let them know they have options!

    Also, sweet sweet bike!

  11. #11
    Member DRKATO1's Avatar
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    Re: Need advise on renting out my motorcycle to other people

    [QUOTE=j0ker;739759]OH NO! I had no idea. Sorry to hear your 14 year old is in so much pain! Did she get the injury from a motorcycle?

    Did you ever mention how much you are renting your bike for? When rider friends of mine come into town, I will let them know they have options!

    Also, sweet sweet bike![/QUOTe

    She got hurt playing hockey when she got tripped from behind and fell the wrong way. needless to say she doesn't play hockey anymore.

    Price is 200.00 a day plus a credit card deposit that is refundable when bike is not damaged. Must have M endorsement
    Last edited by DRKATO1; Mon Jul 1st, 2013 at 11:55 AM.

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