Renting out your car

aitchc1401 wrote on Fri Jan 20, 2023 5:43pm:

 As a first step why don't you try calling your insurance company/broker and asking if private renting is allowed under their policy conditions. I would have thought not but you never know. 

Rgds,

 

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Aitch.

venkat0591 wrote on Fri Jan 20, 2023 5:54pm:

Of course I would have done that! This is a hypothetical question since I'm trying to figure out if renting a car is worth it or not.

tebo53 wrote on Fri Jan 20, 2023 6:05pm:

As its usual for the car to be insured instead of individual people then anyone can drive the car with the owners permission (if they are a legal driver, etc)

If the owners of the car are charging a rental fee then it starts to sound like an illegal practice.......

 

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Steve 

venkat0591 wrote on Fri Jan 20, 2023 5:54pm:

Of course I would have done that! This is a hypothetical question since I'm trying to figure out if renting a car is worth it or not.

venkat0591 wrote on Fri Jan 20, 2023 4:42pm:

Hi,

Does anyone have any information on how I can rent out my car legally in Spain, such that if I need to call the insurance I can just tell them I rented it to the person driving at the time and not have any issues?

 

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I've rented a car a few times from private people and signed a couple of contracts that looked totally different and a few times they said if something happens, just tell them you rented it from a friend for free...

any suggestions?

PeterPan wrote on Sat Jan 21, 2023 5:47pm:

I think the bit where the private renters tell you to say to the police that you're not paying for rental but using it as a friend for free speaks volumes. I seriously doubt that your insurance would allow you to rent out your vehicle for monetary gain.

Stephanie M K wrote on Sun Jan 22, 2023 8:05pm:

Somewhere in your private motor insurance policy there will be wording that states that it excludes hire and reward, You would need a different type of policy to include hire and reward