COMMERCIAL INSURANCE FOR A RENTAL BUSSINESS SUCH AS RENTING SEGWAYS IS MADE UP OF SEVERAL PARTS: PROPERTY, GENERAL LIABILITY, PROFESSIONAL LIABILITY, WORKERS COMPENSATION, AUTO AND UMBRELLA COVERAGE. THE BEST THING FOR SOMEONE INTERESTED IN STARTING A RENTAL BUSINESS OF THIS KIND IS TO CONTACT SEVERAL COMMERCIAL INSURANCE AGENTS IN THE AREA AND DISCUSS THE BUSINESS PLAN. THE AGENT CAN THEN SUGGEST THE VARIOUS COVERAGES AND LIMTS OF COVERAGE. THE HARDEST PROBLEM IN THIS KIND OF BUSINESS IS THE LIABILITY ISSUES. THERE MUST BE A VERY GOOD PLAN FOR TRAINING RIDERS AND SAFTEY PROCEEDURES IN PLACE. HELMITS, PADDING AND GLOVES ARE TO BE WORN BY ALL RIDERS. A RENTAL SOFTWARE PACKAGE CAN HELP WITH BUSINESS TRACKING, COLLECTIONS AND SCHEDULING. THERE ARE SEVERAL PACKAGES ON THE MARKET. OVERALL, INSURANCE FOR THIS KIND OF BUSINESS IS LIKE ANY OTHER BUSINESS INSURANCE. GET SEVERAL QUOTES AND ASK QUESTIONS ABOUT LIMITATIONS, DEDUCTIBLES, RISK MANAGEMENT PROCEEDURES AND BUSINESS LOSS OF USE INSURANCE.
Copyright © 2026 eLLeNow.com All Rights Reserved.